6650 Chase RdDearborn, MI 48126

For Sale
$2,100,000
18,000 SF Warehouse, $2.1M Asking

Overview

Added:
Dec 11, 2024
Days on market:
126
This Dearborn, Michigan warehouse presents a compelling investment opportunity. The 18,096 square foot building sits on a 1.35-acre lot and is currently generating a substantial monthly rental income of $18,000 from two tenants under a gross lease. The property boasts 40 parking spaces and is strategically located in Dearborn, MI, providing easy access to major transportation routes and a skilled workforce. The current lease has a remaining term of three years with a total lease term of five years, offering immediate cash flow and long-term stability. The building's size, prime location, and strong rental income make it an attractive asset in a vibrant market. The asking price is $2,100,000, representing a 10% capitalization rate. This multi-tenant industrial property is ideal for investors seeking a stable, high-yield investment in a desirable location. The property is zoned for industrial use and offers significant potential for future growth and appreciation. The address is 6650 Chase Rd, Dearborn, MI 48126. This is a turnkey investment opportunity with a proven track record of success.

Highlights

  • 1.8-acre lot in Dearborn, MI.
  • 18,000 square foot industrial building.
  • Currently leased, generating $18,000/month in rental income.
  • Excellent Dearborn location with easy access to transportation and a skilled workforce.

Property Details for 6650 Chase Rd

Property type
Warehouses, Industrial properties
Square Feet
18,096 SF

Location Insight

City
Dearborn
County
Wayne
State
Michigan
Latitude
42.3395348
Longitude
-83.1852574
6650 Chase Rd, Dearborn, Michigan

FAQs

What type of property is this?
Warehouse - 18,000 SF Warehouse, $2.1M Asking
Where is the warehouse located?
The property is located at 6650 Chase Rd Dearborn, MI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 1.8-acre lot in Dearborn, MI.; 18,000 square foot industrial building.; Currently leased, generating $18,000/month in rental income.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6650 Chase Rd
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