Truck Repair Garage with
For Sale
Contact for pricing
6532 Beverly Plaza, Romulus, MI 48174
12,000 SF truck repair garage with ample parking.
Property Size12,000 SF
Lot Size4.77 Acres
Price / SF$332.92
Days on Market244
Property Features for 6532 Beverly Plaza
General Information
Standard status
Active
Size
12,000 SF
Lot size
4.77 Acres
Property subtype
Industrial
Lease Type
NNN
Building Details
Year Built
1978
Tenancy
Single
Listing Agency:
Burger & Company
Listed By:
Michael Rose · License #MI 6501308575
(248) 536-2888
Source:
Crexi
Added: Feb 4
Changed: Sep 4
Last Checked: Sep 18 at 3:27AM
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 Burger & Company
Investment Insights
Based on property information with market context.
This property features a 12,000 square foot truck repair garage. It includes twelve 12’x14’ drive-through doors. The lot is paved, lit, and fully fenced, offering truck parking on 4.77 acres. The property is located in the heart of the truck district, providing excellent access to I-94, I-275, and Detroit Metropolitan Airport (DTW).
Key Highlights
- 12,000 square foot truck repair garage
- Large 4.77 Acres truck parking area
- Twelve (12) 12’x14’ drive through doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,702
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,274,040
$2.3M
Cap Rate 7%
$1,624,314
$1.6M
Cap Rate 9%
$1,263,356
$1.3M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$172.8K $14.40/SF
− Vacancy
−$10.4K −$0.86/SF
EGI
$162.4K $13.54/SF
− OpEx
−$48.7K −$4.06/SF
NOI
$113.7K $9.48/SF
Area
Wayne County, MI
Vacancy
6.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,274,040
Cap Rate 7%
$1,624,314
Cap Rate 9%
$1,263,356
Alternative Uses
Best Use
Retail
$1.62M
$1.42M – $1.90M
NOI $113,702 @ 7.0% cap · market cap 2.85%
Second Best
Warehouse
$1.08M
$943.0K – $1.26M
NOI $75,438 @ 7.0% cap · market cap 1.89%
Theoretical Best
Specialty Retail
$2.22M
$1.94M – $2.59M
NOI $155,520 @ 7.0% cap · market cap 3.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48174, MI
33,683
Population
13,124
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
826
Density / Sq Mi
$65,675
Median Household Income
$41,186
Median Earnings
$1,053
Median Rent
$151,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
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- Maaco Fleet Solutions Center — 6794 Brandt St, Romulus, MI 48174
Frequently Asked Questions
What type of property is this?
Auto shop - 12,000 SF truck repair garage with ample parking.
Where is this auto shop located?
The property is located at 6532 Beverly Plaza Romulus, MI.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 12,000 square foot truck repair garage; Large 4.77 Acres truck parking area; Twelve (12) 12’x14’ drive through doors
