32600 Industrial Dr

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32600 Industrial Dr

Madison Heights, MI 48071
Asking Price
$1.70M
Asset Type
Industrial
Class
Class B

What's Special

32600 Industrial Drive is located in the heart of Madison Heights’ established industrial corridor, situated between 13 Mile and 14 Mile Roads. This location offers immediate access to I-75 and I-696, facilitating efficient regional logistics across Metro Detroit. The surrounding neighborhood is characterized by a dense concentration of manufacturing and distribution facilities, supported by a variety of retail amenities and service providers along the nearby Stephenson Highway and Concord Drive. The property is suited for small to mid-sized industrial operations, including light manufacturing, specialized fabrication, and business-to-business distribution. Typical tenants for this asset type include regional service contractors, wholesale suppliers, and logistics firms requiring functional warehouse space with integrated office components. The site’s configuration supports high-frequency vehicle movements and heavy-duty equipment storage common to industrial users in Oakland County.

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NOI
$80,000
Cap Rate
4.72%
DSCR
0.79
Underwater
Cash-on-Cash
-4.06%
Monthly Payment
$8,385.935
Annual Cash Flow
$-20,631.222

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