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
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
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 Population5,97659,229156,803
Population Median Age394040
Population by Age0-9 Yrs979 (16%)6732 (11%)18077 (11%)
10-19 Yrs576 (9%)6248 (10%)17940 (11%)
20-29 Yrs663 (11%)8679 (14%)21026 (13%)
30-39 Yrs757 (12%)7486 (12%)20004 (12%)
40-49 Yrs571 (9%)7177 (12%)20179 (12%)
50-59 Yrs936 (15%)9302 (15%)24299 (15%)
60-69 Yrs974 (16%)7555 (12%)19556 (12%)
70+ Yrs521 (8%)6051 (10%)15721 (10%)
Median HH Income$31,504$53,709$62,157
Total Household Income< 24K1235 (46%)5966 (23%)11954 (18%)
25-49K494 (18%)6081 (23%)13764 (21%)
50-74K348 (13%)5084 (19%)12849 (19%)
75-99K283 (10%)3301 (12%)9136 (14%)
100-199K243 (9%)4464 (17%)14379 (22%)
200K+60 (2%)725 (2%)2542 (3%)
Highest Education LevelNo Diploma69043979944
Diploma or GED15171363533463
Some College9401135329587
Assoc. Degree326443112469
Bachelors Degree392570716757
Higher Degree26329218980
Total Housing Units2,82127,81069,268
--Owner-Occupied1,33415,53144,949
--Renter-Occupied1,32910,09119,675
Owner-Occupied Values< 100K723534911361
100-199K355637217374
200-299K171263010521
300-399K547294191
400-499K24269877
500K+6182625
Total Working Age Population4,76048,956128,143
In Work Force2,63230,92583,894
Not In Work Force2,12718,03144,248
Workforce Employed2,29228,93878,890
Workforce Unemployed3401,9324,884
Civlian Workforce2,63230,87083,774
Military Workforce054121
Total Households2,66325,62264,624
Family Households1,41314,55540,907
Non-Family Households1,25011,06723,717
Married Couple6939,39329,207
Other Family7205,16211,700
Married w/Child2273,07710,529
Single Male w/Child1045901,456
Single Female w/Child2822,1354,683

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Macomb County788,149+7840,978+5883,020+6933,965

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

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.

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