Listed by Colliers - Royal Oak/Detroit, Michigan, Aeres Real Estate
Unpriced
6600 Mt Elliott St
Details
Property Type Industrial
Sub Type Warehouse
NOI $1,230,286
Lease Type Net
Acreage 13.930
Ceiling Height 24-38'
Industrial
Marketing description
We are excited to present an exceptional opportunity to acquire a stabilized, strategically located industrial property in detroit, michigan, situated directly across from general motors’ state-of-the-art factory zero. This high-demand infill location offers unmatched access to major highways, transportation corridors, and a thriving industrial ecosystem. Spanning 318,194 sf, the property is ideally positioned for logistics, manufacturing, or distribution uses. With detroit’sm ongoing industrial/manufacturing revitalization and the region’s growing importance in the electric vehicle/automotive sectors, and international trade, this asset offers significant upside potential for investors seeking outsized, stable returns in a dynamic market.
Investment highlights
318,194 sf (230,118 sf under lease)
24-38' clear height
13.93 acres zoned intensive industrial (m-4)
Heavy crane - 9 cranes from 10t to 15t
Each tenant space has multiple docks & grade level doors
Across the street from general motors factory zero
Heavy power - two (2) primary feeds
Abundant, recently paved, gated parking/storage
Quick access to i-75 (n/s) & i-94 (e/w)
Attractive, assumable debt at below market rate
Below market rental rates with future upside
New roof and building systems upgraded
80,000 sf of expansion/redevelopment potential
Triple Net (NNN) Leases in Place with Ground Effects
Market Annual Rental Rate Increases
Current NOI of $1,230,286
Captive Tenancy Given Proximity to GM Factory Zero
Excellent Credit
Listing Contacts
Listed by Colliers - Royal Oak/Detroit, Michigan, Aeres Real Estate
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,230,286.00
$102,523.83/mo
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