Dequindre Industrial

Industrial for Sale
Catylist Listing ID: 30741228
Property Subtypes: Flex Space, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 43,324 SF
Gross Land Area: 1.70 Acres
Sale Price: $2,575,000
Unit Price: $59.44 PSF
Ceiling: 20 ft.
Docks/Doors: 2 Doors
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Dequindre Industrial
Usable Size (USF): 42,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

Property is priced for sale and is located in the Green Zone. Roof has been inspected and repaired accordingly, and due diligence (environmental Phase I and II) materials are available.

Well maintained property with a tenant occupying only approximately 50% of building.

Very secure with alarm system and gate.

Very centrally located with secure parking. This property is also located within a HUB Zone: https://www.sba.gov/federal-contracting/contracting-assistance-programs/hubzone-program.

The building has high power, with more available to the site.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: Detroit
Tax ID/APN: 09016240.001
Zoning: M-4
Property Located Between: E. McNichols and Dequindre
Highway Access: I-75 and Davison Freeway ramps within .2 miles.
Airports: City (12 min.) and Metro (38 min.)
Site Description: Surrounded by US Post Office and Second Ebenezer Church.
Area Description: Light industrial M-4 in Green Zone.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1960
Year Renovated: 1980
Roof Type: Flat
Exterior Description: Clean and secure.
Parking Type: Surface
Parking Description: Secured.
Total Parking Spaces: 27
Overhead Cranes: Undisclosed
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Zoning Description: M-4
Lot Frontage: 100 (est)
Lot Depth: 500 (est)
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,532 180,870 506,150
Median Age: 35.58 35.06 36.44
Households: 6,304 67,011 199,090

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