312-383-5735
42975 Mill St, Northville, MI for Sale
Warehouse - FOR SALE
1/1
null | Request Cap Rate

Aug '25


42975 Mill St
Northville, MI 48168


HIGHLIGHTS

  • Fully-climatized, new construction facility delivered August 1, 2025
  • Saturation 6.71 within five miles per StorTrack and 7.5 per Radius +
  • Population 178k with 5.1% growth forecasted for the next three years
  • Average HHI is $165k and an excellent rent market (10x10s at $160/month per Radius +)
  • TIF reimbursement will wipe out $139k/year in expenses for each of the next seven years
  • 2.35 acre lot to the North available for expansion ($900k incremental asking price)

OVERVIEW

On behalf of Ownership, Friedman is proud to bring this Class A fully-climatized Self-Storage facility to market. This is new construction that will be completed shortly and will have its Certificate of Occupancy by August 1. The facility is located Northville, MI which does not have other climatized facilities and won’t be allowing new facilities going forward. This is a unique opportunity to have new build in an ideal market without going through any of the zoning, permitting, and development stages.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

35 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.4

LAND SF

278,784

ZONING

I-1

APN/PARCEL ID

77-054-01-0046-000

ASK ABOUT THIS PROPERTY

Kris ParkerFriedman Real EstateMore Info
312-383-5735

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Kris ParkerFriedman Real EstateMore Info
312-383-5735

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