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28460 Groesbeck Hwy
Roseville, MI 48066

$1,750,000 USD

Warehouse For Sale  •  23,448 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 23,448 SF
  • Lot Size 1.09 AC
  • Building Class C
  • Year Built 1952
  • Cap Rate 6.45 %
  • Tenancy Single
  • Zoning RETAIL 5K
0 Transit Score
39 Walk Score

Highlights

Long-Term Operating History With Minimal Landlord Responsibilities: MAACO has operated at this location since 2001, providing over 23 years of tenancy
Double Net lease with landlord responsible for just roof and structure, with the tenant covering taxes, insurance, and CAM above base year costs
13.6 % rental increase coming in September 2026 - Current annual base rent of $132,000 increases to $150,000 in 2026 and $162,000 in 2031
2026 rental increase brings cap rate to 7.48 % based on current asking price of $1, 7 50,000
Current rent is $5.93/SF, well below market average retail rents of $8.89/SF NNN
22,276-SF building on 1.32 acres with fee simple ownership—providing long-term control and redevelopment potential

Property Flyers

Cap Rate: 6.45 %

Amenities

  • Fenced Lot
  • Signage

Public Transportation

AirportDriveWalkDistance
Windsor International 49 min - 29.8 mi
Detroit Metro Wayne County 54 min - 39.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Darpan Patel 513-325-8682 Marcus & Millichap
Darpan Patel 513-325-8682 Marcus & Millichap