70,000 sf NNN Industrial Sale-Leaseback in Detroit, MI

Detroit, MI

FOR SALE Off Market Listing NNN Property
Property Type:
Please Call Broker for Price

Last Verified:
Dec 05, 2022

Detroit Industrial Sale-Leaseback Investment - 70,000sf with approx. 5,000 sf office space, occupied by regionally-recognized construction/trades company. M4-Zoned. $5 NNN, 7-year-term lease executed at closing. 18-20" clear, 1,200a / 240 - 480v 3p, 1x Truckwell, Three OH doors 15’11”W x 15’H. Further information to be provided to qualified buyers/representatives.

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.