For Sale 55,000 SF Industrial Warehouse Located off 8 Mile

20514 Woodingham Drive Detroit, MI 48221

20514 Woodingham Drive, Detroit, MI, 48221
20514 Woodingham Drive, Detroit, MI, 48221 20514 Woodingham Drive, Detroit, MI, 48221
FOR SALE FOR LEASE
Property Type:
Warehouse
Amount:
$1,500,000
Last Verified:
Oct 31, 2024

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Highlights


Description

For Sale 55,000 SF Industrial Warehouse Located off 8 Mile

For Lease 55,000 SF Industrial Warehouse Located off 8 Mile

South on 8 Mile
West of Woodward

Building Size: 55000sq ft
Lot Size: 0 acres


Documents

20514 Woodingham Flyer October 2024

Units for Lease

20514 Woodingham
Space Available: 55000 SF
Lease Type: NNN

Price Per Sqft/Year: $2.60

Map of 20514 Woodingham Drive, Detroit, MI, 48221

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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.