Truck
For Sale
$15,000,000
1125 N Perry St, Pontiac, MI 48340
Industrial facility at 1125 N Perry St, constructed in 1967.
Property Size112,047 SF
Days on Market49
Property Features for 1125 N Perry St
General Information
Standard status
Active
Size
112,047 SF
Property subtype
Industrial - Terminal/Transit
Building Details
Building Size
112,047 SF
Year Built
1967
Units
4
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Brandon Abdelnour · License #6501399909
Source:
Commercialcafe
Added: Sep 1
Changed: Oct 11
Last Checked: Oct 19 at 4:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This truck terminal is located at 1125 N Perry St in Pontiac, Michigan. The industrial property was constructed in 1967.
The surrounding Auburn Hills, Pontiac & Rochester industrial submarket contains roughly 57.4 million SF of inventory, including approximately 25.9 million SF of logistics space, 8.1 million SF of flex inventory, and 23.4 million SF of specialized inventory. As of the third quarter of 2026, submarket vacancy was 3.8%, with approximately 730,000 SF of industrial space under construction.
The surrounding Auburn Hills, Pontiac & Rochester industrial submarket contains roughly 57.4 million SF of inventory, including approximately 25.9 million SF of logistics space, 8.1 million SF of flex inventory, and 23.4 million SF of specialized inventory. As of the third quarter of 2026, submarket vacancy was 3.8%, with approximately 730,000 SF of industrial space under construction.
Key Highlights
- Truck terminal at 1125 N Perry St, Pontiac, MI 48340
- Constructed in 1967
- Auburn Hills, Pontiac & Rochester industrial submarket vacancy was 3.8% in Q3 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$674,113
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,482,260
$13.5M
Cap Rate 7%
$9,630,186
$9.6M
Cap Rate 9%
$7,490,144
$7.5M
Market Conditions
NOI Build-Up for 112,047 SF
Gross rent
$823.5K $7.35/SF
− Vacancy
−$30.5K −$0.27/SF
EGI
$793.1K $7.08/SF
− OpEx
−$119.0K −$1.06/SF
NOI
$674.1K $6.02/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,482,260
Cap Rate 7%
$9,630,186
Cap Rate 9%
$7,490,144
Alternative Uses
Best Use
Warehouse
$9.63M
$8.43M – $11.24M
NOI $674,113 @ 7.0% cap · market cap 4.49%
Second Best
Industrial
$7.93M
$6.94M – $9.25M
NOI $555,152 @ 7.0% cap · market cap 3.70%
Theoretical Best
Specialty Retail
$24.17M
$21.15M – $28.20M
NOI $1,691,730 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 48340, MI
26,039
Population
12,154
Households
2.1
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
7.7 sq mi
ZIP Area
3,382
Density / Sq Mi
$46,474
Median Household Income
$32,954
Median Earnings
$1,096
Median Rent
$105,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Truck terminal - Industrial facility at 1125 N Perry St, constructed in 1967.
Where is this truck terminal located?
The property is located at 1125 N Perry St Pontiac, MI.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Truck terminal at 1125 N Perry St, Pontiac, MI 48340; Constructed in 1967; Auburn Hills, Pontiac & Rochester industrial submarket vacancy was 3.8% in Q3 2026
