Industrial Asset in Macomb
26272 Groesbeck Hwy Warren, MI 48089
Well-located industrial asset with value-add potential in Macomb County.
Type:Industrial
Property size:
13,016 SFPrice / SF:
$65/SF- Added:
- May 18, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 26 at 1:35 am
Property Features for 26272 Groesbeck Hwy
General Information
- Standard status
- Active
- Size
- 13,016 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1963
Listing office Marcus & Millichap - Detroit
Listing date May 18, 2026
Source Crexi
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 Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
Located in Macomb County, at 26272 Groesbeck Highway, this industrial asset offers a compelling acquisition opportunity within one of Southeast Michigan's active manufacturing and logistics corridors. The property, totaling 13,016 square feet, is positioned along Groesbeck Highway, providing immediate access to I-696 and I-94. This location benefits from regional connectivity to Detroit's core, the broader Midwest distribution network, and the Canadian border via international crossings. The surrounding area is densely populated with automotive suppliers, light industrial users, and service-oriented businesses, fostering consistent tenant demand driven by the region's manufacturing base. The property offers a value-add component through the lease-up of currently available space or the potential for an owner/user to occupy a portion or the entirety of the building. The property has been recently remodeled, delivering a clean, updated interior that is move-in ready and eliminates the need for significant tenant improvement costs. This allows for quicker occupancy, reduced downtime, and immediate income generation, while also appealing to a wide range of small to mid-sized industrial or service users seeking functional, turnkey space.
Key Highlights
- Strategic location with immediate access to I‑696 and I‑94, providing strong regional connectivity to Detroit, the Midwest, and Canada.
- Value‑add opportunity through lease‑up of available space or owner/user occupancy.
- Recently remodeled with a clean, updated, move‑in‑ready interior.
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 | $100.0k | $7.68 |
| − Vacancy | −$4.4k | −$0.34 |
| EGI | $95.5k | $7.34 |
| − OpEx | −$28.7k | −$2.20 |
| NOI | $66.9k | $5.14 |
13,016 SF · lease $7.68/SF/yr · vacancy 4.44% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.91M
$1.67M – $2.23M
NOI $133,607 @ 7.0% cap · market cap 15.72%
Second Best
Industrial
$955.2K
$835.8K – $1.11M
NOI $66,867 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,997 @ 7.0% cap · market cap 23.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Calculus Foundation Systems
Hardware & Home Improvement
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Similar Off Market Nearby
- Royal Table LLC — 20059 Hamburg St, Detroit, MI 48205
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FAQs
What type of property is this?
Flex space - Well-located industrial asset with value-add potential in Macomb County.
Where is this flex space located?
The property is located at 26272 Groesbeck Hwy Warren, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Strategic location with immediate access to I‑696 and I‑94, providing strong regional connectivity to Detroit, the Midwest, and Canada.; Value‑add opportunity through lease‑up of available space or owner/user occupancy.; Recently remodeled with a clean, updated, move‑in‑ready interior.
