13250-13320 Northend Avenue

Industrial for Sale
Catylist Listing ID: 7172849
Property Subtypes: Flex Space, Free-Standing, Other
Building Size (RSF): 76,478 SF
Gross Building Area: See Agent
Gross Land Area: 4.53 Acres
Sale Price: $3,046,260
Unit Price: $39.83 PSF
Ceiling: 18 ft. / 15 ft. Clear
Docks/Doors: 2 Docks
Office SF: 14,967 SF
Drive In Bays: 1 Bay
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/20/2017

Overview / Comments

Investment Sale. Fully leased 78,478 sq. ft. building. New 5 year lease on 27,042 sq. ft. at $5.10/sf and the seller will sign a new 10 year lease at $5.00/sf NNN on the balance of 51,436 sq. ft.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $81,307 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 52-25-32-152-032
Zoning: INDUSTRIAL
Property Located Between: East of Coolidge Highway
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1985
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 185
Overhead Cranes: Undisclosed
Amps: 10,000
Volts: 440
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Fluorescent


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,306 204,825 487,787
Median Age: 39.27 39.23 38.64
Households: 8,840 84,650 200,509
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