24595 Groesbeck Hwy

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24595 Groesbeck Hwy

warren, MI 48089
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

24595 Groesbeck Highway is located in the industrial and commercial corridor of Warren, Michigan, approximately 15 miles north of downtown Detroit. The property sits on a major north-south thoroughfare characterized by a mix of manufacturing facilities, retail centers, and automotive services. Local amenities include various dining options and service businesses along the Groesbeck and 10 Mile Road intersection. The site offers convenient transportation access, situated less than three miles from the I-696 and I-94 interchange, providing regional connectivity for staff and clients. As an office asset within a heavy commercial district, this property is suited for businesses requiring proximity to the local industrial base. Ideal use cases include administrative headquarters for logistics companies, professional service firms, or engineering and architectural practices. The typical tenant profile includes established local businesses seeking a functional workspace with high visibility and accessible surface parking. The building’s layout supports professional office configurations for organizations that prioritize a central location within the Metro Detroit manufacturing hub.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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