70,000 sf NNN Industrial Sale-Leaseback in Detroit, MI
Detroit, MI
https://thebrokerlist.com/have/70-000-sf-nnn-industrial-sale-leaseback-detroit-mi-132258
FOR SALE
Off Market Listing
NNN Property
Property Type:
Industrial
Amount:
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.
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.
