1911 Woodslee Drive

Industrial for Sale
Catylist Listing ID: 30753408
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 50,365 SF
Gross Land Area: 3.12 Acres
Sale Price: $5,650,000
Unit Price: $112.18 PSF
Ceiling: 21 ft.
Docks/Doors: 2 Docks
Drive In Bays: 1 Bay
Property Use Type: Investment
Building Name: Doxim/Utilitec
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

Excellent hi-tech facility with heavy power and crane. The office is approximately 35,000 sq. ft. with most of it built into the manufacturing area. 2,000 amps 480/277 volt power. Building currently leased through 10/31/2028 with annual rent increases at 2% each year. Canadian parent company guaranty.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $48,826 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Troy South
Tax ID/APN: 2026435028
Zoning: II
Property Located Between: W. of John R Road
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 50,365 SF
Year Built: 1988
Construction/Siding: Block, Steel Frame
Parking Type: Surface
Total Parking Spaces: 108
Overhead Cranes: 1
Sprinklers: Other
Amps: 2,000
Volts: 480
Lighting: Fluorescent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,091 129,838 333,677
Median Age: 43.5 40.05 40.51
Households: 4,921 51,009 137,419
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