28241 Mound Rd Warren, MI 48092

This exceptional investment opportunity presents a 98,125-square-foot multi-tenant warehouse located at 28241 Mound Rd, Warren, MI 48092, in Macomb County. Built in 1988 and renovated in 2008, this property sits on an 8.26-acre lot and boasts a substantial 2024 estimated Net Operating Income (NOI) of $573,600. Currently 70% occupied, the building features three tenants, with the largest, Cort Furniture, occupying the majority of the space. The average remaining lease term is five years, providing immediate and long-term income potential. The warehouse offers 11 loading docks and 4 dock-high doors, along with impressive ceiling heights ranging from 28 to 30 feet. Significant expansion potential exists, with room to add over 50,000 square feet. The property includes 44,473 square feet of office space and robust power capabilities of 1,600 amps at 480 volts. This well-maintained industrial property offers a compelling investment opportunity with strong cash flow and significant upside potential. The property's prime location in Warren, Michigan, ensures easy access to major transportation routes and a thriving business community.