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    FOR SALE
    Manufacturing properties

    4410 13Th St, Wyandotte, MI 48192

    17,020 SF 1.69 ac lot Built 1965
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US43-0017179
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 17,020-square-foot industrial property located at 4410 13th St, Wyandotte, Michigan, 48192. The property, situated on 3.34 acres, is currently 100% occupied by a well-established metal fabrication and engineering company with a 30+ year operating history at this location. A new 10-year absolute triple-net (NNN) leaseback is in place at closing, offering zero landlord responsibilities. The lease includes a 10% rent bump in year six and 1.5% annual increases throughout the primary term. The tenant boasts a strong client base including major automotive manufacturers (Ford, Toyota, GM) and government agencies (US Army, Navy, Air Force). Significant capital expenditures were made within the last three years, encompassing both interior and exterior improvements. The building features a 22-foot ceiling height. The asking price is $1,550,000, representing a price per square foot of $91.07 and an 8.25% capitalization rate based on a net operating income (NOI) of $130,000. This sale-leaseback provides a secure, long-term income stream with minimal management requirements. The tenant's financial stability and long-term commitment make this a compelling investment opportunity in a prime industrial location.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1965
    Total area 17,020 SF
    Lot 1.69 ac (73,616 SF)
    APN 57 022 10 0007 300
    UPID US43-0017179
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $882k
    Blend (final) Blend
    $880k
    Owner & transaction history
    Tsg Management LLC · 7 yrs held
    Tsg Management LLC
    since 2019
    1 recorded transaction
    2019
    $550,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $1.4M +60.8%
    Restaurant $1.3M +55.9%
    Retail stores $1.3M +50.8%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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