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
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $0 | Total Assessment | $775,200 |
ZONING
Zoning Code | M-2 |