25129 Dequindre Rd, Madison Heights, MI 48071
13,437 SF | 98% Leased | Industrial Building | Madison Heights, MI 48071 | $2,588,235 ($193/SF) | 8.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,588,235
- Property Type
-
Industrial
- Price / Square Foot
- $193
Listing Contacts
Mark LaFave
Verified Profile
- Property Info
Property Overview
Motivated Seller (owner retiring) of fully leased, beautifully updated light industrial (10,137 sf) with 12 second floor offices (3,300 sf)recently updated with shared kitchen, 2 bathrooms, all new HVAC, each office has a window, new finishes such as LVP flooring, paint, ceramic tile, carpet, doors & trim. Consistent Income with good paying tenants in fabulous location essentially located at intersection of I-75 & I-696 expressways.
Property Details
- Class
- B
- Year Built/Renovated
- 1959/2021
- Stories
- 2
- Property Subtype
- Distribution, R&D, Loft/Creative Space
- Lot Size (sq. ft)
- 27,878 SF
Highlights
- Fantastic location nearest I-75 (north / south) and I-696 (east / west) intersection.
- Currently fully leased.
- Each Tenant Pays Their Rent Timely; Such can be proven by rent deposits.
- Motivated Seller
- Property in Excellent Physical Condition
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