Freestanding Industrial Building

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Freestanding Industrial Building

Type: Sale/Lease

20550 Hoover Street Detroit MI Wayne County

Property Type: Freestanding

Date Available: Immediately

Sales Price: $1,100,000.00

Rent: $7.00/ SF

Contact Person(s): Anthony J. Vitale

(248) 488-2620

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

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)

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 13,471 124,295 367,568
Avg. HH Income: $49,047 $55,147 $56,198

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.

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