Ronda Drive Industrial Park Industrial FOR SALE


Canton Township, MI - Canton
$11,490,000 USD
508-808-0315
, Canton Township, MI for Sale
$11,490,000 USD
Industrial - FOR SALE
1/44
null | 7.68% Cap Rate

Ronda Drive Industrial Park
Canton Township, MI
Canton


HIGHLIGHTS

  • High Potential to Hit a 9% CAP Rate in Year 2
  • New roof, complex-wide LED lighting conversion, updated HVAC/heating, fresh interior paint, and asphalt/concrete repairs completed across the property
  • Assumable loan at below market rate

OVERVIEW

Basis & Value - High Entry CAP with easy upside (available immediately) 138,416 SF, 4-building multi-tenant industrial complex positioned 5 minutes off I-275 via the Ann Arbor and Ford Road exits — one of the tightest industrial submarkets in Southeast Michigan. Income & Upside - Embedded upside: lease-up of the sole vacant 12,000 SF standalone building - 4.83-year WALT with contractual 3% annual increases - 100% NNN leases 8400 Ronda 50,636 SF (2,400 SF office) · 20'–23' clear · (3) 14'x14' grade-level doors, (3) truckwells · Light Industrial zoning, heavy power · new LED lighting 8460 Ronda (Vacant Lease-Up) 12,000 SF standalone building · 29' clear · 15-ton crane, 200' span, clear span columns · 600A/240-480V, 160' bus duct · brand new roof (warrantied) · 1,400 SF office, recently renovated · 1 dock door (potential truck well) · 1 acre additional land 8464 Ronda 38,462 SF (±2,500 SF office) · 21' clear · 1 dock (expandable) + (2) 12'x14' overhead doors · 1,500A/120-240V/3P bus duct · Cambridge ventilation, LED lighting 8462 Ronda 37,318 SF, built 1977 · 21' clear · (2) 10'x10' docks + (3) 14'x14' grade doors · metal roof/frame · 2,000A bus duct · Cambridge air rotation heat, fully sprinklered, LED lighting · recently upgraded (fixtures, heat, paint, load leveler)

ASK ABOUT THIS PROPERTY

Filip ShnayderKumo CapitalMore Info
508-808-0315

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

Filip ShnayderKumo CapitalMore Info
508-808-0315

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