45283-45295 Grand River, Novi, MI
Industrial for Sale - $965,000 - 16,000 Sq. Ft. on 1.66 acres
Property Info
| CIMLS# | 134481 |
| Location 45283-45295 Grand River Novi MI 48375 | |
| Updated | May 9th, 2011 |
| Type | Industrial |
| Price | $965,000 |
| Building | 16,000 Sq. Ft. |
| Land | 1.66 acres |
Property Description
Grand River frontage. Zoned light industrial, extra large sales/showroom area grandfather in.
The property has always been easily leased because of its main road exposure and accessibility. Located on the southeast corner of Grand River and Taft Road.
There are long term leases in place with NNN terms.
Financials
Fully leased to strong international tenants.Annual return of 9.45% on investment. 99% occupancy for over 20 years.
