2396 E. Ten Mile Road

Industrial for Sale
Catylist Listing ID: 28719527
Property Subtypes: Industrial-Business Park, Other
Building Size (RSF): 59,925 SF
Gross Building Area: See Agent
Gross Land Area: 2.79 Acres
Sale Price: $3,200,000
Unit Price: $53.40 PSF
Ceiling: 16.9 ft. / 17.2 ft. Clear
Docks/Doors: 4 Docks, 6 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

Temporary storage or longer term storage available for a variety of users. Access to truckwells and grade level doors. Great distribution building at I-696 & I-75. Unit #1958 is available for a single user. 3.75 Acres to the south can also be sold separately for $500,000.

FULL SERVICE WAREHOUSE UNITS AVAILABLE (Only a hi-low driver and pick and pack services by the Landlord. No tenant employees can occupy). Or the 22,716 sq. ft. unit could be for an industrial user. Up to 59,925 sq. ft. available.

Rivalry Logistics local delivery rate schedule and full service costs: 1 skid $69.00; 2 to 3 skids $39.00; 4 to 6 skids $33.00; 7 to 9 skids $28.00; 10-12 skids $22.00. Expedited deliveries add 40%, includes fuel surcharge, and local delivery covers 30 mile radius.

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $43,731 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 13-30-126-009
Zoning: INDUSTRIAL, RESIDENTIAL
Property Located Between: East of Dequindre Road
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 59,974 SF
Year Built: 1950
Year Renovated: 1958
Roof Type: Other
Construction/Siding: Steel Frame
Exterior Description: Block
Parking Type: Surface
Parking Description: Heavy Parking
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 1,000
Volts: 240
X-Phase: 3
Heat Source: Radiant
Lighting: Metal Halide

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,158 162,200 455,266
Median Age: 39.49 37.25 37.72
Households: 7,048 66,631 183,903
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