41251 Production Drive

Harrison Charter Township, MI 48045

Listing ID: 197339

$900,000

For Sale

Property Type Industrial : Flex/Office Warehouse
Lot Size Acres 0.000
Building Sq Ft 8,800
Building Price per Sq Ft $102.27

41251 Production Drive Harrison Charter Township, MI 48045 - main image

Description

Description
8,800 SF clean warehouse that's fully leased! Amenities include 1,181 SF air-conditioned office! The warehouse has 16' clear height, three (3) 12 x 14' doors, three (3) separate 200 AMP/220 Volt services, and two (2) five-ton cranes. There is also a fenced-in yard in the rear. The building was originally designed as a 3-unit, multi-tenant shop, however the separation walls have since been removed.
Two tenants currently occupy the premises for an NOI of $102,799 NNN lease. Tenant pays the real estate taxes, building insurance and exterior maintenance.
Highlights
8,800 SF
100% Leased
5-Year Lease
11.42% Cap Rate

Attachments & Files

newsalebrochure-6-03O-pEQ.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		5,976	59,229	156,803
Population Median Age		39	40	40
Population by Age	0-9 Yrs	979 (16%)	6732 (11%)	18077 (11%)
	10-19 Yrs	576 (9%)	6248 (10%)	17940 (11%)
	20-29 Yrs	663 (11%)	8679 (14%)	21026 (13%)
	30-39 Yrs	757 (12%)	7486 (12%)	20004 (12%)
	40-49 Yrs	571 (9%)	7177 (12%)	20179 (12%)
	50-59 Yrs	936 (15%)	9302 (15%)	24299 (15%)
	60-69 Yrs	974 (16%)	7555 (12%)	19556 (12%)
	70+ Yrs	521 (8%)	6051 (10%)	15721 (10%)

Median HH Income		$31,504	$53,709	$62,157
Total Household Income	< 24K	1235 (46%)	5966 (23%)	11954 (18%)
	25-49K	494 (18%)	6081 (23%)	13764 (21%)
	50-74K	348 (13%)	5084 (19%)	12849 (19%)
	75-99K	283 (10%)	3301 (12%)	9136 (14%)
	100-199K	243 (9%)	4464 (17%)	14379 (22%)
	200K+	60 (2%)	725 (2%)	2542 (3%)

Highest Education Level	No Diploma	690	4397	9944
	Diploma or GED	1517	13635	33463
	Some College	940	11353	29587
	Assoc. Degree	326	4431	12469
	Bachelors Degree	392	5707	16757
	Higher Degree	263	2921	8980

Total Housing Units		2,821	27,810	69,268
--Owner-Occupied		1,334	15,531	44,949
--Renter-Occupied		1,329	10,091	19,675
Owner-Occupied Values	< 100K	723	5349	11361
	100-199K	355	6372	17374
	200-299K	171	2630	10521
	300-399K	54	729	4191
	400-499K	24	269	877
	500K+	6	182	625

Total Working Age Population		4,760	48,956	128,143
In Work Force		2,632	30,925	83,894
Not In Work Force		2,127	18,031	44,248
Workforce Employed		2,292	28,938	78,890
Workforce Unemployed		340	1,932	4,884
Civlian Workforce		2,632	30,870	83,774
Military Workforce		0	54	121

Total Households		2,663	25,622	64,624
Family Households		1,413	14,555	40,907
Non-Family Households		1,250	11,067	23,717
Married Couple		693	9,393	29,207
Other Family		720	5,162	11,700
Married w/Child		227	3,077	10,529
Single Male w/Child		104	590	1,456
Single Female w/Child		282	2,135	4,683

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Macomb County	788,149	+7	840,978	+5	883,020	+6	933,965

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.