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5815 E Executive Dr
Westland, MI 48185

$3,250,000 USD

Manufacturing For Sale  •  31,627 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 31,627 SF
  • Lot Size 2.61 AC
  • Building Class C
  • Year Built 1983
  • Tenancy Multiple
  • Zoning LI-1
0 Transit Score
38 Walk Score

Highlights

The Property is currently 100% occupied with an operating NOI of $259,926 providing an investor stable cash flow throughout the lease terms.
: Each tenant has annual rental escalations throughout their primary lease term.
The weighted average increase for both tenants is 3.25% annually throughout the course of their term.
The Investment provides minimal landlord responsibility to an investor. Both leases are NNN leases, which encapsulate a true passive investment.
Tenant is responsible to self maintain all facets of common area maintenance.
The Property is strategically positioned in the heart of the industrial corridor in Westland. Neighboring cities include; Canton, Plymouth and Livonia

Public Transportation

AirportDriveWalkDistance
Detroit Metro Wayne County 20 min - 15.5 mi
Windsor International 55 min - 35.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Kyle Simon 248-921-6730 AQRE Advisors
Kyle Simon 248-921-6730 AQRE Advisors