5275 Ann Arbor Road

Industrial for Sale
Catylist Listing ID: 30640998
Property Subtypes: Free-Standing, Light Industrial, Other
Building Size (RSF): 37,500 SF
Gross Building Area: See Agent
Gross Land Area: 3.78 Acres
Sale Price: $1,900,000
Unit Price: $50.67 PSF
Ceiling: 24 ft.
Docks/Doors: 3 Docks, 2 Doors
Office SF: 2,250 SF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

 Mitchell Equipment Corp. (DBA Mitchell Rail Gear) currently at $12,000 per month ($144,000 annually), plus utilities, common area maintenance, and insurance. Landlord pays for real estate taxes.
 Additional parcel is included in the sale – 42-011-008-93 – (1.64 acres) SEC of Aries/Fairchild Drive (located on the westside of building).

Additional Details

Nearest MSA: Monroe
County: Monroe
Submarket/Township: Monroe County
Tax ID/APN: 42-011-008-70 & 42-011-008-93
Property Located Between: Granite Drive & Ty Circle Drive
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1997
Year Renovated: 2000
Roof Type: Other
Exterior Description: Exterior Walls: Metal siding Structural System: Pre-engineered steel Roof: Standing seam metal roofing Floors: 8 “ concrete slab floor
Parking Type: Surface
Total Parking Spaces: 34
Overhead Cranes: Undisclosed
Sprinklers: Other
Amps: 800
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Radiant
Air Conditioning: Other
Lot Frontage: 200
Lot Depth: 466.70
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,783 6,759 8,922
Median Age: 33.38 37.98 38.74
Households: 724 2,565 3,359
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