1410 Allen Dr, Troy, MI 48083
Spacious 56,295 SF manufacturing warehouse near I-75 in Troy.
- Added:
- Jan 12, 2024
- Days on Market:
- 906
- Last Refresh:
- Jun 25 at 11:14 pm
Property Features for 1410 Allen Dr
General Information
- Standard status
- Active
- Size
- 56,295 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1982
Listing office CENTURY 21 Curran & Oberski Dearborn Heights (313) 274-7200
Listing date Jan 12, 2024
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 CENTURY 21 Curran & Oberski Dearborn Heights
HighLights
- Prime location directly off I‑75 freeway, providing excellent transportation access.
- Large 56,295 square foot manufacturing/warehouse space.
- Existing tenant's lease expiring soon (August), offering immediate occupancy potential.
- Well‑maintained building suitable for heavy‑duty manufacturing and warehousing.
- Ample open floor space allowing for customization and efficient workflow.
- Well‑maintained pull‑in loading docks and ample parking for logistical ease.
Overview
Local Financial Insights For Warehouse
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 | $413.8k | $7.35 |
| − Vacancy | −$15.3k | −$0.27 |
| EGI | $398.5k | $7.08 |
| − OpEx | −$59.8k | −$1.06 |
| NOI | $338.7k | $6.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1237459
- Latitude
- 42.5461747