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4410 13th St
Wyandotte, MI 48192

Industrial Property For Sale

Investment Highlights

  • 10-Year Absolute Triple Net (NNN) Lease: Zero Landlord Responsibilities.
  • Premier Metal Fabrication & Engineering Company in business since 1985.
  • Tenant has made significant CapEx investments within the last 3-years.
  • 10% Rental Rate Increase in Year 6.
  • Tenant’s sales growth is supported by an extensive client list: Ford, Toyota, GM, US Army, Navy & Air Force, Corewell Health, etc.

Executive Summary

AQRE Advisors is pleased to present the opportunity to acquire the subject property located at 4410 13th St, Wyandotte, MI 48192 (“Property”). The 17,020 SF single-tenant building is situated on ±3.34 AC of land and is 100% occupied by HPS Fabrications Inc. (“Tenant”). The Tenant has long-term operating history at this location and has agreed to sign a new, 10 year lease at the close of escrow.

PROPERTY FACTS

Sale Type Investment
Cap Rate 8.39%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.92 AC
Rentable Building Area 17,020 SF
No. Stories 1
Year Built 1965
Tenancy Single
Parking Ratio 0.53/1,000 SF
Clear Ceiling Height 22 FT
No. Drive In / Grade-Level Doors 3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
57-022-10-0007-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$319,600

zoning

Zoning Code N/Av, Wyandotte
N/Av, Wyandotte
  • Listing ID: 28874653

  • Date on Market: 6/28/2023

  • Last Updated:

  • Address: 4410 13th St, Wyandotte, MI 48192

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