16777 Wahrman Rd
Romulus, MI 48174

Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • NNN Leased Manufacturing Building Available For Sale | ±22,067 SF total
  • Current annual renewal income of $152,171 Increasing 3% Annually
  • Strategically Located Within One Mile of Detroit Metropolitan Airport
  • Eight (8) Year Lease Term Remaining
  • Excellent Freeway Access Less Than One Mile From I275 via Wahrman and Eureka Road
  • Zoned M-2 (General Industrial District)

EXECUTIVE SUMMARY

NNN Leased Manufacturing Building Available For Sale | ±22,067 SF total.

PROPERTY FACTS

Sale Type Investment NNN
Cap Rate 8.70%
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.89 AC
Rentable Building Area 22,067 SF
No. Stories 1
Year Built 1988
Tenancy Single
Parking Ratio 0.77/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

PROPERTY TAXES

ZONING

Zoning Code M-2
  • Listing ID: 32029175

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 16777 Wahrman Rd, Romulus, MI 48174