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Lease/Sale

Freestanding Industrial Building

20550 Hoover St
Detroit, Michigan

eCode:727

Property Type

Freestanding

Date Available

Immediately

Sales Price

$1,100,000.00

Rent

$7.00/SF

NNN Expense

Absolute Net

Property Taxes

$15,960.00

Building Size

27,500 SF

Lot Size

1.01 AC

Zoning

M-3 General Industrial District

Traffic Count

8 Mile Rd (43,283 CPD)

Highlights

  • 27,500 SF Industrial Building
  • (2) 12’x16’ grade level doors
  • 13’-24’ clear height
  • Municipal approved Medical Green Zone Cannabis Site (Grow/Processing)
  • Land Use and Zoning Approval from the City of Detroit for cultivation and processing
  • All license types possible, subject to application

Radius 1 Mile 3 Mile 5 Mile
Population Density 13,4664 126,912 377,614
Household Income $52,188 $63,165 $65,944
Daytime Pop 4,463 41,266 111,129

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