$2,800,000 USD
312-383-5735
6014-6015 E 10 Mile Rd
Warren, MI 48091
Southwest Warren
HIGHLIGHTS
- Permitted plan provides for 519 units and 77,349 NRSF of Self-Storage space (29,299 NRSF of Climate-Controlled, and 48,050 NRSF of Drive-Up)
- Densely populated market (330k people reside within five miles of the location)
- Tremendously under supplied market (with less than 7 NRSF/Capita in the five-mile area per Radius+ and StorTrack)
- Strong rate market – The 10 x 10 average for Climate-Controlled and Drive-Up is $157
- Ample room for paid parking and other revenue lines (U-Haul rental, dumpster rental, etc.)
- Relatively low construction costs in this area will allow the project to achieve extremely favorable returns
FOR SALE DETAILS
PRICE
$2,800,000 USD
PRICE/SF
$36 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1968
SPRINKLERS
-
PARKING SPACES
450
LAND DETAILS
LAND ACRES
3.08 AC
LAND SF
134,165 SF
ZONING
MZ
APN/PARCEL ID
12-13-21-353-023,12-13-28-101-032
ASK ABOUT THIS PROPERTY
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312-383-5735
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Please correct the highlighted field(s).
312-383-5735
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