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22615-22621 Ryan Rd
Warren, MI 48091

$1,350,000 USD

Warehouse For Sale • 24,124 SF

Property Details

Property Type Warehouse
Total Building Size 24,124 SF
Lot Size 1.08 AC
Building Class C
Year Built 1969
Cap Rate 6.60 %
Tenancy Multiple
Zoning M-1

0 Transit Score

67 Walk Score

                
                    Highlights
                
                                Close to major freeways
                            
                                Outdoor fenced storage
                            
                                Long term tenants

Financial Summary (Actual)

Net Operating Income: $100,139 USD (2024)

Cap Rate:	6.60 %
Total Expenses:	$24,373 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
All In One Vending	5,000 SF
Condor Heating & Cooling	5,000 SF
New Wave Machining	12,000 SF

Amenities

Fenced Lot

Public Transportation

Commuter Rail	Drive	Walk	Distance
Royal Oak Amtrak (Wolverine - Amtrak)	12 min	-	6.3 mi
Detroit (Wolverine - Amtrak)	15 min	-	8.9 mi
Airport	Drive	Walk	Distance
Windsor International	39 min	-	20.7 mi
Detroit Metro Wayne County	44 min	-	30.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	21
Type:	Surface
Included in Rent:	Yes

Gary McCririe 810-343-0951 GTM Realty

22615-22621 Ryan Rd Warren, MI 48091