4410 13th St, Wyandotte, MI
Industrial property in Wyandotte, MI, with long-term absolute NNN lease.
- Added:
- Mar 13, 2025
- Days on Market:
- 455
- Last Refresh:
- May 20 at 8:09 pm
Property Features for 4410 13th St
General Information
- Standard status
- Active
- Size
- 17,020 SF
- Lot size
- 1.69 Acres
- Property subtype
- INDUSTRIAL
Listing agent Jon Kouza
Listing office AQRE Advisors (248) 776-6001
Listing date Mar 13, 2025
Source Moodyscre
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 AQRE Advisors
HighLights
- Absolute Triple Net (NNN) Lease: Enjoy zero landlord responsibilities for 10 years.
- 10% Rental Rate Increase in Year 6.
- Established Tenant: Premier Metal Fabrication & Engineering Company, in business since 1985.
- Strong Tenant Sales: Supported by clients including Ford, Toyota, GM, US Army, Navy & Air Force, Corewell Health, etc.
- Tenant has made significant CapEx investments within the last 3‑years.
- Long‑Term Lease: 10‑Year Initial Term.
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.7k | $7.68 |
| − Vacancy | −$4.8k | −$0.28 |
| EGI | $125.9k | $7.40 |
| − OpEx | −$37.8k | −$2.22 |
| NOI | $88.1k | $5.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wyandotte
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1693
- Latitude
- 42.1885
