Veritiv

Industrial for Sale
Catylist Listing ID: 30125382
Property Subtypes: Free-Standing, Other
Building Size (RSF): 149,491 SF
Gross Building Area: See Agent
Gross Land Area: 11.32 Acres
Sale Price: $9,490,000
Unit Price: $63.48 PSF
Ceiling: 26 ft. / 16 ft. Clear
Docks/Doors: 16 Docks
Office SF: 9,300 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Building Name: Veritiv
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

Excellent warehouse/distribution building in highly desirable suburb. Close to M-59. Room for additional parking. Will remodel to-suit. Currently leased at $68,270/month through 6/30/18. Shop area in 3 areas with 16'-19', 20', and 22'-26' clear. Mezzanine: 9,284.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $74,868 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Auburn Hills
Tax ID/APN: 15-30-302-012
Zoning: I-2, HEAVY IND.
Property Located Between: M-59/Auburn Rd.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 149,491 SF
Year Built: 1967
Year Renovated: 1992
Roof Type: Other
Construction/Siding: Block, Steel Frame
Parking Type: Surface
Parking Description: Expandable
Total Parking Spaces: 100
Overhead Cranes: Undisclosed
Amps: 1,000
Volts: 240
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Lighting: Metal Halide

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,617 65,906 202,902
Median Age: 42.34 40.84 40.79
Households: 3,627 25,949 78,440

Source

© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.