Beck West Corporate Park

Industrial for Sale
Catylist Listing ID: 28719603
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Other
Building Size (RSF): 16,040 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $1,994,000
Unit Price: $124.31 PSF
Ceiling: 25 ft.
Docks/Doors: 1 Dock
Drive In Bays: 1 Bay
Property Use Type: Investment
Building Name: Beck West Corporate Park
Sale Terms: Other
Cap Rate: 7.0%
Last Updated: 4/20/2017

Overview / Comments

Signature Associates is pleased to present 46785 Magellan Drive, a "Best in Class" light industrial / hi-tech facility in the city of Novi, Michigan. This one-story building offers the potential to acquire excellent real estate that provides cash flow. This asset requires no landlord expense and responsibility (Absolute NNN Lease).

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $22,548 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 22-09-177-011
Zoning: OST
Property Located Between: Beck/West Roads
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 16,040 SF
Year Built: 2002
Roof Type: Other
Construction/Siding: Block
Parking Type: Surface
Parking Description: Ample Parking
Total Parking Spaces: 39
Overhead Cranes: Undisclosed
Amps: 2,000
Volts: 480
Heat Type: Other
Heat Source: Radiant
Air Conditioning: Other
Lighting: Metal Halide
Lot Frontage: 150
Lot Depth: 348


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,439 48,756 133,702
Median Age: 31.56 36.83 40.27
Households: 1,210 20,626 54,210
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