ARKIN BUILDING

Industrial for Lease
Catylist Listing ID: 30680419
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Contiguous Space: 65,814 - 124,227 SF
Total Available: 117,500 SF
Gross Building Area: See Agent
Gross Land Area: 5.65 Acres
Lease Rate: $6.75 PSF (Annual)
Base Monthly Rent: $66,093
Lease Types: NNN
Ceiling: 31 ft.
Docks/Doors: 6 Docks, 7 Doors
Office SF: 7,113 SF
Drive In Bays: 4 Bays
Last Updated: 1/16/2021

Overview / Comments

*GREAT, WELL MAINTAINED WAREHOUSE/DISTRIBUTION OR MANUFACTURING FACILITY
*LOCATED ON MAIN ROAD FRONTAGE 750' EAST OF NOVI ROAD IN PRIME INDUSTRIAL NOVI, MICHIGAN

Expand All Available Space

Suite: 43100 W. 9 Mile Road; Novi, MI 48375 117,500 SF $6.75 PSF (Annual) NNN
Space Available: 117,500 SF
Minimum Divisible: 65,814 SF
Max Contiguous: 124,227 SF
Lease Rate: $6.75 PSF (Annual)
$66,093 (Monthly)
Lease Type: NNN
Space Description: Great Warehouse/Distribution or Manufacturing Facility with main road frontage located 750 feet East of Novi Road. Land: 374' x 659', 5.65 acres. I-96 Corridor Industrial Cluster, Central I-96 Corridor Industrial Submarket, minutes from I-96, I-696, I-275 and M-5. Signage available.

Building Height: 31'/25'-6" Clear. Bay Sizes: 60' x 40', 40' x 40'. Six Truckwells with Dock Levelers. 225-Car Parking. Fenced Yard. Fully Sprinklered N.F.P.A. 231-231C. High Sprinkler storage protection. 10" water service to building. 2" domestic Water Meter. 480 / 277V / 2000 AMPS / 3P. Skylights. 660 feet of Buss Duct. 6" reinforced Concrete Warehouse Floor. Air lines throughout. 11 Overhead Doors. 2nd Level Offices with Elevator. Lunchroom with A/C. Men's and Women's Restrooms. Trucker's Room with Restroom. Alarm System. Year Built: 1974/1989. Very well maintained.

Building can be split as follows: South Warehouse = 62,701 SF with 3 Docks and 9,840 of Office Area, totaling 72,541 SF North Warehouse = 51,686 SF with 3 Docks and Office Area, totaling 124,227 SF. Owner occupying approximately 2,727 SF Office and 4,000 SF of Garage Area. Space Available: 117,500 SF
Date Available: 1/12/2021
Space Type: Relet
Conference Rooms: 2
Kitchen Yes
Parking Spaces 213
Tax Expenses $77,783 PSF (Annual)
Operating Expenses $199,705 PSF (Annual)
CAM Expenses $1.61 PSF (Annual)
Rent Escalators Other
Rent Escalators Description $0.25 / Year
Ceiling 31 ft.
Loading Docks 6
Loading Doors 7
Drive In Bays 4
Office Space 7,113 SF

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 22-26-300-010
Total Parking Spaces: 225
Overhead Cranes: Undisclosed

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,270 62,258 181,965
Median Age: 41.06 41.89 42.55
Households: 4,643 25,405 75,049

Contact

Photograph of Listing Agent

Irwin J. Arkin

Irwin J. Arkin, LLC
CPIX Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.