4410 13th St | Wyandotte, MI 48192
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4410 13th St
Wyandotte, MI 48192
Industrial Property For Sale
Investment Highlights
- 10-Year Absolute Triple Net (NNN) Lease: Zero Landlord Responsibilities.
- Premier Metal Fabrication & Engineering Company in business since 1985.
- Tenant has made significant CapEx investments within the last 3-years.
- 10% Rental Rate Increase in Year 6.
- Tenant’s sales growth is supported by an extensive client list: Ford, Toyota, GM, US Army, Navy & Air Force, Corewell Health, etc.
Executive Summary
AQRE Advisors is pleased to present the opportunity to acquire the subject property located at 4410 13th St, Wyandotte, MI 48192 (“Property”). The 17,020 SF single-tenant building is situated on ±3.34 AC of land and is 100% occupied by HPS Fabrications Inc. (“Tenant”). The Tenant has long-term operating history at this location and has agreed to sign a new, 10 year lease at the close of escrow.
PROPERTY FACTS
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 8.39% | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.53/1,000 SF |
| Building Class | C | Clear Ceiling Height | 22 ft |
| Lot Size | 0.92 AC | Level Access Doors | 3 |
| Rentable Building Area | 17,020 SF |
| Sale Type | Investment |
| Net Initial Yield | 8.39% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.92 AC |
| Rentable Building Area | 17,020 SF |
| Number of Floors | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 0.53/1,000 SF |
| Clear Ceiling Height | 22 ft |
| Level Access Doors | 3 |
PROPERTY TAXES
| Parcel Number | 57-022-10-0007-300 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £251,749 |
PROPERTY TAXES
Parcel Number
57-022-10-0007-300
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£251,749
zoning
| Zoning Code | N/Av, Wyandotte |
| N/Av, Wyandotte |
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