14301 Prospect Street

Industrial for Sale
Catylist Listing ID: 27618532
Property Subtypes: Free-Standing, Warehouse/Distribution, Other
Building Size (RSF): 169,589 SF
Gross Building Area: See Agent
Gross Land Area: 9.25 Acres
Sale Price: $6,700,000
Unit Price: $39.51 PSF
Ceiling: 24 ft. / 16 ft. Clear
Docks/Doors: 14 Docks
Office SF: 500 SF
Drive In Bays: 10 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

40,000-60,000 sq. ft. available for lease. 169,589 sq. ft. available for sale. Located near I-94 and I-75. Includes land parcel directly across the street for parking. Extremely clean warehouse/distribution facility on 9.25 acres. 12,380 sq. ft. 3-story office is leased through 5/31/20 at $8.33/sf G+U.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $117,110 (Annual)
Finance Data Year 2014
Real Estate Taxes - Annual($) $95,557 (Annual)
Finance Data Year 2012
Real Estate Taxes - Annual($) $108,301 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $95,025 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Wayne
Submarket/Township: Dearborn
Tax ID/APN: 82-10-184-20-009
Zoning: INDUSTRIAL B
Property Located Between: Schaefer Road & Michigan Avenue
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1987
Roof Type: Other
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Ample Parking
Overhead Cranes: 1
Sprinklers: Wet
Amps: 2,000
Volts: 480
X-Phase: 3
Heat Type: Other
Heat Source: Radiant
Air Conditioning: Other
Lighting: Fluorescent, Metal Halide

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,915 159,304 422,000
Median Age: 30.53 30.36 34.17
Households: 4,904 52,510 153,853

Source

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