For Lease
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Property summary
Under new ownership. Interior and exterior to be updated. High image building with two-story office and warehouse previously occupied by IHeart Radio. (2) truckwells, and (1) 14' x 16' grade level door, 1200 amps, 480 Volts, 550 KVA diesel generator. Abundance of convenient parking on three sides of the building. Leasing scenarios: 1) Entire building, 2) 1st floor office & warehouse- 24,555 sq. ft., and 3) 5,000 sq. ft. up to 14,213 sq. ft. of office on 2nd floor. Great location on Halsted south of 12 Mile Rd with access to I-96, I-696, M-5, Grand River, 12 Mile and Orchard Lake Rd.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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