6500 14 Mile RdWarren, MI 48092
- Retail properties
- 983,373 SF
Property Details for 6500 14 Mile Rd
- Property size (Sq ft)
- 983,373 SF
- Zone code
- M-2
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 12-13-04-126-022
- APU
- 121304126022
Description
This exceptional industrial property, located at 6500 14 Mile Road, presents a significant leasing opportunity. The single-tenant warehouse boasts a substantial 180,352 square feet of space, currently entirely vacant and ready for immediate occupancy. The building features a generous 38-foot clear ceiling height, providing ample vertical storage capacity. Twelve loading docks ensure efficient and streamlined operations. The warehouse is ideally suited for a variety of industrial uses, offering significant space for warehousing, distribution, or manufacturing. A sublease opportunity exists through September 30th, 2032. Approximately 7,000 square feet of existing office space is included, providing administrative support areas. The property also benefits from existing racking systems which can remain, offering immediate operational readiness. This is a rare opportunity to secure a large, well-equipped warehouse in a prime location. The property's size, dock access, and high ceilings make it an attractive option for businesses requiring significant storage and distribution capabilities. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers. The entire 180,352 square feet is available for lease.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $768,614,208
- 6.5%
- $709,490,048
- 7%
- $658,812,224
-
Comparable approach
- Method
- Valuation
- Relative Method
- $948,765,376
- Geo Method
- $948,765,376
-
Alternative Use
- Use
- Valuation
- Residential
- $598,481,408
- Hospitality
- $548,205,760
- Educational
- $456,100,736
- Medical
- $471,786,752
- Retail
- $709,490,048
Location Insight
- City
- Warren
- County
- Macomb
- State
- Michigan
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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