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15555 Mile Rd Roseville, MI 48066

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For Sale
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24,950 SF Flex Warehouse, 100% Occupied

Property size:
24,950 SF

Property Features for 15555 Mile Rd

General Information

Property type
Distribution centers
Square Feet
24,950 SF
Lot Size
60,113 SF

Building Details

Year Built
1978
Buildings
1
Stories
1

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Listing Contact
John Arthurs
John Arthurs

Listing Agency: P.A. Commercial Corporate & Investment Real Estate Listing Agent: John Arthurs

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a 24,950-square-foot flex/warehouse property located at 15555-15651 12 Mile Road, Roseville, MI 48066. The single-story building, constructed in 1978, sits on a 1.38-acre lot and boasts a 12' to 18' clear ceiling height, ideal for various industrial uses. Currently 100% occupied by two tenants, generating a net operating income (NOI) of $119,255, this property offers a compelling 4.90% cap rate at an asking price of $2,400,000 ($96.19/SF). The property features six overhead doors and ample parking with 60 spaces. Its prime location offers high visibility, adjacent to a McDonald's, and benefits from easy access to I-696 and Groesbeck Highway. Zoned for light industrial use, this owner-user opportunity presents significant upside potential. The property is a single-ownership building with multi-tenancy.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Map

City
Roseville
County
Macomb
State
Michigan
Longitude
-82.962893
Latitude
42.5092221

FAQs

What type of property is this?
Distribution center - 24,950 SF Flex Warehouse, 100% Occupied
Where is this distribution center located?
The property is located at 15555 Mile Rd Roseville, MI.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 24,950 square feet available for sale.; 12-18 foot clear ceiling height.; High-visibility location.
(248) 663-0506 Call to check price and availability
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