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32720866
32720862

26272 Groesbeck Hwy, Warren, MI 48089 For Sale

MM
MI MI 6501410090
Marcus & Millichap - Detroit
Listed by Marcus & Millichap - Detroit
$850,000
62 days on market
Updated 38 days ago
Opportunity zone

26272 Groesbeck Hwy

Details
APN 12-13-24-276-004
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 13,016
Tenancy Vacant
Pro-Forma Cap Rate 12.06%
Price per SqFt $65
Year Built 1963
Year Renovated 2023
Buildings 1
Acreage 0.860
Zoning MZ
Investment Type Value Add
Ground Lease No
Ceiling Height 17
Ownership Fee Simple

Industrial | 13,016 SqFt

Marketing description

Marcus & Millichap is pleased to present 26272 Groesbeck Highway, a compelling opportunity to acquire a well-located industrial asset in the heart of Macomb County, one of Southeast Michigan's most active manufacturing and logistics corridors. Positioned along Groesbeck Highway with immediate access to I-696 and I-94, the property benefits from strong regional connectivity to Detroit's core, the broader Midwest distribution network, and the Canadian border via key international crossings. The surrounding area is densely populated with automotive suppliers, light industrial users, and service-oriented businesses, creating consistent tenant demand driven by the region's entrenched manufacturing base. Warren's pro-business environment, coupled with ongoing investment in infrastructure and mobility, continues to support stable occupancy and long-term tenant retention across similar assets.

The opportunity provides a strong value-add component through the lease-up of currently available space or the potential for an owner/user to occupy a portion or the entirety of the building. The property has been recently remodeled, delivering a clean, updated interior that is move-in ready and eliminates the need for significant tenant improvement costs. This allows for quicker occupancy, reduced downtime, and immediate income generation, while also appealing to a wide range of small to mid-sized industrial or service users seeking functional, turnkey space.

Investment highlights

  • +/- 13,016 Square Foot Industrial Opportunity | 0.86 Acres
  • Strong Infill Location: Positioned along Groesbeck Highway with direct access to I-696 and I-94, providing efficient connectivity throughout Metro Detroit and to major distribution corridors.
  • Recent Capital Improvements | Move-In Ready Space
  • Located in Active Manufacturing and Logistics Corridor in Warren, Michigan
  • Exceptional Value-Add or Owner/User Opportunity
  • Immediate access to I-696, connecting to I-75 and I-94
  • Within miles of: General Motors Tech Center - 710-acre campus totaling 38 buildings; Stellantis Sterling Heights Assembly Plant - 5.0 million SF; Stellantis Warren Truck Assembly Plant - 3.31 million SF; Ford Motor Co. Sterling Axle Plant - 3.0 million SF; Stellantis Warren Stamping Plant - 2.1 million SF; Ford Motor Co. Van Dyke Electric Powertrain Center - 2.0 million SF
  • Next to: Lipari Foods; Magna-AIM
  • Proximity to TACOM- a Major Subordinate Command of Army Materiel Command, manages the Army's ground equipment supply chain

Listing Contacts

MM
MI MI 6501410090
Marcus & Millichap - Detroit
Listed by Marcus & Millichap - Detroit

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Additional Information

Name
Paul Kerber
License
6502433613
Title
Broker of Record
Name
Melissa Mann
License
MI 6501410090
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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