Multi-Tenant Industrial
9901 Weber Street, Brighton, MI 48116
For Sale
$3,250,000
Two occupied buildings are leased to multiple tenants, with some leases carrying shorter terms.
Property Size20,884 SF
Days on Market50
Property Features for 9901 Weber Street
General Information
Standard status
Size
Property subtype
Occupancy
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Thomas A. Duke Company
Listed By:
John Porth · License MI #6501336460
(248) 476-8661
Source:
Thomasduke
Added: Sep 26
Changed: Nov 11
Last Checked: Nov 12 at 4:56AM
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 Thomas A. Duke Company
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Investment Insights
Based on property information with market context.
The property comprises two multi-tenant light industrial buildings. Both are occupied, and some tenant leases are short term. The property is listed with a 1978 year built.
At 9901 Weber Street in Brighton, Michigan, an approved site plan allows for an additional 12,578 square feet.
At 9901 Weber Street in Brighton, Michigan, an approved site plan allows for an additional 12,578 square feet.
Key Highlights
- Two multi‑tenant light industrial buildings
- Fully occupied and leased; some leases are short term
- Approved site plan for an additional 12,578 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,701
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,534,020
$2.5M
Cap Rate 7%
$1,810,014
$1.8M
Cap Rate 9%
$1,407,789
$1.4M
Market Conditions
NOI Build-Up for 20,884 SF
Gross rent
$188.0K $9.00/SF
− Vacancy
−$7.0K −$0.33/SF
EGI
$181.0K $8.67/SF
− OpEx
−$54.3K −$2.60/SF
NOI
$126.7K $6.07/SF
Area
Livingston County, MI
Vacancy
3.70%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,534,020
Cap Rate 7%
$1,810,014
Cap Rate 9%
$1,407,789
Alternative Uses
Best Use
Industrial
$1.81M
$1.58M – $2.11M
NOI $126,701 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$3.33M
$2.91M – $3.88M
NOI $232,855 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-Tenant-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 48116, MI
26,942
Population
12,230
Households
2.2
Avg Household Size
45
Median Age
51%
College-Educated
97%
High-School Grad
36.9 sq mi
ZIP Area
730
Density / Sq Mi
$109,606
Median Household Income
$59,173
Median Earnings
$1,229
Median Rent
$355,800
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Livingston County, MI
Properties on Market for Industrial properties in Livingston County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Two occupied buildings are leased to multiple tenants, with some leases carrying shorter terms.
Where is this industrial property located?
The property is located at 9901 Weber Street Brighton, MI.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Two multi‑tenant light industrial buildings; Fully occupied and leased; some leases are short term; Approved site plan for an additional 12,578 square feet
