65600 Gratiot Ave - Self-Storage Facilities FOR SALE
Lenox, MI 48050 |
$900,000 USD
248-538-2000
65600 Gratiot Ave
Lenox, MI 48050
HIGHLIGHTS
- Strategically located on a 3.35-acre site along Gratiot Avenue, just south of 31 Mile Road, ensuring excellent accessibility and visibility.
- Positioned only 0.75 miles south of a high performing Kroger store, ranked 408th out of 1,230 nationwide and 41st out of 120 statewide
- Offers low operating expenses, minimal maintenance requirements, and low tenant turnover costs, providing a strong foundation for consistent income.
- Significant opportunity to enhance revenue by developing additional storage units or incorporating premium services such as climate-controlled storage
FOR SALE DETAILS
PRICE
$900,000 USD
PRICE/SF
$162 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.35 AC
LAND SF
145,766 SF
ZONING
CM
APN/PARCEL ID
19-06-12-300-035
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248-538-2000
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248-538-2000
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