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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22140679
22140680

85 Myron St, Ortonville, MI 48462

SY
MI 6501443637
APEX Commercial Real Estate Advisors
AS
MI 6​5​0​2​4​3​3​3​0​7
APEX Commercial Real Estate Advisors
Listed by APEX Commercial Real Estate Advisors
$1,710,000
457 days on market
Updated 63 days ago

Angstrom Tubular Solutions

Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 27,419
Net Rentable (SqFt) 27,419
Cap Rate 10.00%
NOI $171,000
Tenancy Single
Lease Type NN
Lease Expiration 11/03/2026
Remaining Term 0.4
Rent Bumps Yes
Lease Options None
Broker Co-Op Yes
Acreage 1.610
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/04/2018
Ownership Private

INDUSTRIAL VALUE ADD - LOW RENT PSF & LOW PRICE PSF - NAKED LEASE

Investment highlights

Industrial Property Consisting of 27,419 SF and Situated on a 1.61AC Lot

Positioned Along Myron Street and N Ortonville Road with Traffic Counts Exceeding 18,990 Vehicles Per Day

Surrounded by National Retailers Including Ace Hardware, Dollar Tree, Rite Aid, and Many Others

Average Household Income Within a 5Mile Radius of the Subject Property Exceeds $116,500

Zoning: AI | Prime for Industrial/Flex/Warehouse

Located Approximately 20 Miles from Bishop International Airport

Listing Contacts

SY
MI 6501443637
APEX Commercial Real Estate Advisors
AS
MI 6​5​0​2​4​3​3​3​0​7
APEX Commercial Real Estate Advisors
Listed by APEX Commercial Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$171,000.00
$14,250.00/mo

Valuation Metrics

0
DSCR
10%
Cap Rate
10%
ROI

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Additional Information

Name
Sal Yaldo
License
6501443637
Brokerage
Apex Commercial Real Estate Advisors
Brokerage Phone
248.579.5045
Title
Managing Partner
Brokerage Address
32300 Northwestern Highway
Name
Ayson Shammami
License
6​5​0​2​4​3​3​3​0​7
Brokerage
Apex Commercial RE
Title
Apex Commercial RE
Brokerage Address
32300 Northwestern Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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