25800-25840 Sherwood Ave | Warren, MI 48091
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25800-25840 Sherwood Ave
Warren, MI 48091
Industrial Property For Sale
Investment Highlights
- 133,332 SF building on 8.95 acres
- Current Cap Rate: 9.5% | Current NOI: $620,216
- Leased through Dec 2026 w/ 3% annual bumps
- Pro Forma Cap Rate: 15.3% | Pro Forma NOI: $889,950
- 21 bay doors (16 docks), 2,000-plus amps, up to 26’ ceilings
- Low vacancy industrial market: Close to I-696 & major manufacturers
PROPERTY FACTS
Amenities
- Fenced Lot
- Security System
- Signage
- Reception
- Fluorescent Lighting
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,219,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,219,500
zoning
| Zoning Code | M3 (Heavy Industrial) |
| M3 (Heavy Industrial) |
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