37,670 SF Industrial/Distribution | 100% Leased | 10.02% Cap Rate with Bumps

21630 W 7 Mile Rd Detroit, MI 48219

21630 W 7 Mile Rd, Detroit, MI, 48219
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FOR SALE
Property Type:
Warehouse
Amount:
$2,299,000
Last Verified:
Oct 24, 2024

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Highlights

  • 37,670 SF distribution building with 2.670 SF office area
  • 5-yr tenant expiring 10/31/2027
  • Three (3) truckwells for efficient loading and unloading
  • Fully fenced yard for added security and privacy
  • Prime location in the Detroit area for convenient access
  • Ample space for warehousing, distribution, and industrial activities

Description

Investment Opportunity with 5-Year Tenant. This 37,670 SF Industrial/Distribution Building features a 35,000 +/- shop area with a 2,770 SF office area. The building features 20' clear height, three truckwells, a clear-span bay, LED lighting, 220 Volt/600 Amp power, and is very clean throughout. The building has 100% fire suppression. The depth of the truckwells were recently renovated to accommodate typical semi-trailers. The building is situated on a fully-fenced and gated 2.05-acre site with 60-car parking.

This property is located on 7 Mile Rd, at the corner of Lahser Rd. The area surrounding the property offers access to major transportation routes and logistical infrastructure, making it an ideal hub for industrial, warehouse, and distribution operations. Situated close to major highways and transportation hubs, the location provides convenient access for shipping and receiving. Nearby points of interest include Detroit Metropolitan Wayne County Airport, the Port of Detroit, and key industrial parks. As a renowned center for automotive and manufacturing industries, the region offers a skilled workforce and business-friendly environment, making it an attractive destination for industrial investors seeking strategic positioning and growth opportunities.


Year Built: 1990
Building Size: 37670sq ft
Lot Size: 2.05 acres


Documents

Brochure

Map of 21630 W 7 Mile Rd, Detroit, MI, 48219

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