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    FOR LEASE
    Industrial properties

    10505 Plaza Dr, Whitmore Lake, MI 48189

    73,711 SF 6.77 ac lot Built 1989
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US43-1519749
    Property summary
    AI-generated overview

    This exceptional 80,000-square-foot industrial property in Whitmore Lake, Michigan, offers a unique opportunity for businesses seeking flexible manufacturing, warehouse, or distribution space. Located at 10505 Plaza Drive, 48189, this multi-tenant building boasts a range of unit sizes, with a minimum divisible space of 8,400 square feet and a maximum contiguous space of 26,800 square feet. Currently, 35,200 square feet is available. Built in 1989, the facility features impressive ceiling heights ranging from 15 to 26 feet, providing ample vertical storage capacity. Ten loading docks and six drive-in doors ensure efficient loading and unloading operations. The property also includes 45 total parking spaces, accommodating employees and visitors. The building is equipped with heavy power, catering to the needs of energy-intensive industrial processes. Zoned Limited Industrial (LI), this property is ideally situated between Ann Arbor and Brighton, offering convenient access to major transportation routes and a skilled workforce. The available spaces are well-suited for various light industrial uses, and the combination of grade-level access and ample clearance makes them highly desirable. This is a rare opportunity to secure prime industrial space in a thriving Michigan market.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1989
    Total area 73,711 SF
    Lot 6.77 ac (294,901 SF)
    Zoning code LI
    APN 16-29-300-018
    UPID US43-1519749
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Feed Your Zoo (Bike/Boat/Book/etc) Store Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.70M
    Blend (final) Blend
    $2.70M
    Owner & transaction history
    Plaza Group LLC · 12 yrs held
    Plaza Group LLC
    since 2013
    2 recorded transactions
    2013
    2012
    Zoning & alternative use
    LI · Whitmore Lake, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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