12801 Silver Lake Rd - Manufacturing CONDO FOR SALE


Brighton, MI 48116
$2,600,000 USD
810-599-5147
12801 Silver Lake Rd, Brighton, MI for Sale
$2,600,000 USD
Manufacturing CONDO - FOR SALE
1/84
null | 7.56% Cap Rate

12801 Silver Lake Rd
Brighton, MI 48116


HIGHLIGHTS

  • Please note that 12813 Silver Lake (1611401001) is not included in the sale.

OVERVIEW

Exceptional opportunity for investors or owner-occupied users to acquire an 18,000 SF high-bay industrial property in a General Industrial District, allowing outdoor storage! This meticulously maintained property, constructed in 2006, offers a highly desirable 7.56% CAP rate with three established tenants. The property features three approximately 6,000 SF spaces, each with its own nicely finished office space, 21-foot clear span interiors, 7-inch concrete floors, and insulated power overhead doors. It boasts energy-efficient construction, updated LED lighting, and excellent mechanical systems. The General Industrial (G.I.) zoning, permitting outdoor storage, is very rare and hard to get as very few municipalities allow this. Lease expirations range from May 2026 to October 2028, with varying renewal options for each tenant. For a user, this offers the flexibility to occupy a space as a lease expires or continue with the existing tenant. Located just two miles off I-96 on an all-season, Grade A road, this income-producing property benefits from high-quality construction and low taxes in Green Oak Township. The sale includes four parcel ID numbers: 12801 Silver Lake (1611401004), 12805 Silver Lake (1611401003), 12809 Silver Lake (1611401002), and 12795 Silver Lake (1611400065). Please note that 12813 Silver Lake (1611401001) is not included in the sale. Broker-owned.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

7.56%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Contractors Corners

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

18,000 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

Hvy. Industrial

APN/PARCEL ID

16-11-401-001

ASK ABOUT THIS PROPERTY

Steve GronowChestnut DevelopmentMore Info
810-599-5147

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Steve GronowChestnut DevelopmentMore Info
810-599-5147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.