FOR SALE > INDUSTRIAL BUILDING 116,250 SF | STERLING HEIGHTS

42555 Merrill Road | Sterling Heights, MI 48314

  • 116,250 Square Feet
  • Industrial
  • For Sale

Summary Description

This asset offers potential investors an opportunity to acquire a high end, recently leased building in one of the strongest industrial submarkets in the Midwest. Built in 1978, the property underwent a 48,250 SF expansion in 2006. The original 68,000 SF portion of the building has 18 foot clearance while the expanded portion offers 26 foot clearance. The tenant, SAS Automotive, is a joint venture between Faurecia and Continental. The company is focused on developing and manufacturing first class auto cockpits. SAS Automotive commenced a new seven year lease beginning January 1, 2017. The lease is triple net.

Property Status: Occupied

Building Size: 116250 Square Feet

Area Available: 116,250 Square Feet

PARCEL ID

10-09-100-038-000

ASKING PRICE

TBD By Market

COUNTY

Macomb County

DRIVE INS

3 Total - 12’w x 14’h

LEASE TERM

7 years

INDUSTRIAL SPACE

107,623 SF

OFFICE SPACE

8,627 SF

POWER

3,000a/480V Heavy

CRANE

7.5 Ton Crane with 11’6” Underhook

FIRE SUPPRESSION

Fully Sprinkled

DOCKS

12 Exterior

LEVELATORS

12 Exterior

26’ Roof

15 year Warranty expiring 2021

18’ Roof

Overlay completed in 2007, 15 year warranty expiring 2022

GROSS SITE AREA

6.20 acres

ZONING

M-1, City

Features:

  • Situated in the “West of Van Dyke/Macomb” submarket
  • the submarket is currently experiencing the lowest vacancy rate in the region’s history at less than 1%.
Related Links:
Related Documents:

Property Experts

Contact us regarding this property

An unexpected error has occurred. Please try again.
You didn't check the 'I'm not a robot' checkbox.

Your request has been submitted.

Someone will contact you shortly.