46025 Gratiot Ave Macomb, MI 48042

This exceptional investment opportunity presents a single-tenant, net-lease industrial distribution property located at 46025 N. Gratiot Ave, Macomb, MI 48042. The property boasts a substantial 8,474 square feet of warehouse space, complemented by an additional 1,200 square foot outbuilding, all situated on a 1.66-acre lot. Built in 2000, this Class C building features a 21-foot ceiling height and one dock-high door. Currently 100% occupied by Linde Gas and Equipment, Inc. since 2007, the property benefits from a strong, long-term lease with 10 years remaining. The favorable lease terms minimize landlord responsibilities, offering a secure and passive income stream. The property's Net Operating Income (NOI) is $126,000, resulting in an attractive 7.41% capitalization rate. The asking price is $1,700,000. The property is zoned IND and consists of two single-story buildings. This is a rare opportunity to acquire a stable, income-producing asset in a desirable location with minimal management requirements. The property's Parcel Number (APN) is 20-08-36-276-010.