21630 W 7 Mile Rd, Detroit, MI for sale

21630 W 7 Mile Rd, Detroit, MI 48219

Accepting Offers
21630 W 7 Mile Rd, Detroit, MI for sale21630 W 7 Mile Rd, Detroit, MI for sale21630 W 7 Mile Rd, Detroit, MI for sale21630 W 7 Mile Rd, Detroit, MI for sale
Asking Price

$2,200,000

21630 W 7 Mile Rd, Detroit, MI for sale

21630 W 7 Mile Rd, Detroit, MI 48219

Asset Type: Real Estate

Estate: Fee Simple

Year Renovated: 2021

Number of Floors: 1

Property Size: 37,670 SF

Property Type: Industrial

Year Built: 1990

Land Area: 2.05 Acres

Parking Count: 100

Investment Highlights

  • 37,670 SF distribution building with 2.670 SF office area
  • 5-yr tenant expiring 10/31/2027
  • Three (3) truckwells for efficient loading and unloading
  • Fully fenced yard for added security and privacy
  • Prime location in the Detroit area for convenient access
  • Ample space for warehousing, distribution, and industrial activities

37,670 SF Industrial/Distribution | 100% Leased | 10.02% Cap Rate with Bumps

Investment Opportunity with 5-Year Tenant. This 37,670 SF Industrial/Distribution Building features a 35,000 +/- shop area with a 2,770 SF office area. The building features 20' clear height, three truckwells, a clear-span bay, LED lighting, 220 Volt/600 Amp power, and is very clean throughout. The building has 100% fire suppression. The depth of the truckwells were recently renovated to accommodate typical semi-trailers. The building is situated on a fully-fenced and gated 2.05-acre site with 60-car parking.

Sale FAQs

Investment Sales Broker

John T. Arthurs

John T. Arthurs

P.A. Commercial

MI License: 6501222941

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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