Listing Agency: Colliers - Royal Oak/Detroit, Michigan

Listed By: Barry Swatsenbarg · License #6501294779

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 5:26PM

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Investment Insights

Based on property information with market context.

This industrial income property is being offered for sale with an indicated 10.76% cap rate. The offering includes 47,556 SF of space.

The property is located at 17608 Commerce Drive in New Boston, Michigan 48164. It is presented as an industrial asset within the specialty property category in the provided materials.

Key Highlights

• Industrial income property offered at a 10.76% cap rate
• Includes 47,556 SF of industrial space

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Storage Facility Garden Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

86

Businesses Nearby

Explore this area Business Placement

Demographics for 48164, MI

9,676

Population

3,625

Households

2.7

Avg Household Size

44

Median Age

25%

College-Educated

94%

High-School Grad

30.3 sq mi

ZIP Area

319

Density / Sq Mi

$111,173

Median Household Income

$57,148

Median Earnings

$1,495

Median Rent

$313,700

Median Home Value

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What type of property is this? Where is this specialty properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Specialty property - Industrial income property offered at a 10.76% cap rate and includes 47,556 SF of space.

Where is this specialty property located?

The property is located at 17608 Commerce Drive New Boston, MI.

What are key features of this property?

This property features: Industrial income property offered at a 10.76% cap rate; Includes 47,556 SF of industrial space