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4410 13TH ST Wyandotte MI 48192-7005

[Locked] • APN 57 022 10 0007 300

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Details
Property Type Industrial
Sub Type Manufacturing, Warehouse
Building SqFt 17,020
Lot SqFt 72,687
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code I-1
Year Built 1965
Building Count 1
Opportunity Zone No
Lease Rate ******
Lease Type ******
Lease Term ******
Sold Price per Acre ******

Property History

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Property Type
Property Type
Industrial
Property Subtype
Manufacturing, Warehouse
Marketing Description

AQRE Advisors is pleased to present the opportunity to acquire the subject property at 4410 13th St, Wyandotte, MI 48192 (“Property”). The 17,020 SF single-tenant building is situated on ±1.70 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.

The offering presents the opportunity to acquire a ±17,020 sf single-tenant building occupied by a premier metal fabricating company with a fresh 10-year absolute Triple-Net (NNN) lease. The Tenant also has an engineering division, Enco Engineering, providing engineering services and solving structural challenges since 1985.

Investment Highlights
  • 10-Year Sale-leaseback Opportunity with an Absolute Triple Net (NNN) Lease at closing with Zero Landlord Responsibilities.

  • The lease will represent 1.5% annual increases throughout the primary term and option periods.

  • Tenant has a long- term operating history of 30+ years, operating a premier Metal Fabrication & Engineering Company.

  • Tenant’s sales growth is supported by an extensive client list, that includes: Ford, Toyota, GM, US Army, Navy & Air Force, Corewell Health, etc.

  • Tenant has made significant CapEx investments within the last 3-years including, interior and exterior work.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
JK
Jon Kouza PRO
•••.•••.1760
••ouza@••••••••••••.com
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