15133 Telegraph Rd - Showroom FOR SALE
Redford Township, MI 48239 |
$1,411,000 USD
949-506-2007
15133 Telegraph Rd
Redford Township, MI 48239
HIGHLIGHTS
- Approximately 6 Years Remaining | Corporate Guaranteed | Early 5-Year Extension | Highly Ranked Ferguson
- NN+ Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Telegraph Road (60,200 VPD) | Interstate 96 (150,500 VPD) |Investment Grade Tenant | Dense Retail Corridor
- Strong Demographics in 5-Mile Trade Area
OVERVIEW
• Tenant has approximately 6 years remaining on their initial term with 2 (3-year) options remaining, demonstrating a long term commitment to the site
• Lease is corporate guaranteed by Ferguson Enterprises, Inc
• Features 2% rental increases at the beginning of each option period
• Early 5-year extension recently executed
• #4 Ferguson in Michigan Per Placer.AI
FOR SALE DETAILS
PRICE
$1,411,000 USD
PRICE/SF
$168 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Ferguson | Early 5yr Extension
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Showroom
ADD'L SUBTYPES
Light Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1960
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
1
DRIVE INS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.53
LAND SF
23,087
ZONING
C-2
APN/PARCEL ID
79-025-01-0039-300
ASK ABOUT THIS PROPERTY
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949-506-2007
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949-506-2007
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