Sherwood Warehouse

25800 - 25840 Sherwood Ave, Warren, MI 48091

  • For Sale $8,250,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 133,332 SF
  • Lot Size 8.95 Acre
  • Parking Spaces Avail. 300
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Year Renovated 1992
  • Date Updated Nov 15, 2023
  • Column Spacing 40.0'
  • Grade Level Doors 5
  • Office Area 32,000 SF
  • Electricity Service 2,000-plus AMPS
  • Fire Sprinklers Other
  • HVAC None
Heavy industrial area next to rail, Warren is home to the GM Tech Center, U.S. Army Tank Command and several Chrysler Stellantis facilities. Quick access to I-696, M-102/8 Mile Rd, I-75, & I-696.Excellent opportunity to purchase a 133,332 SF warehouse/distribution building located in a heavy industrial area with low vacancy. The building is currently 75% leased. The 101,332 SF warehouse features 40 x 40' column spacing, five (5) overhead doors, sixteen (16) truckwells, heavy power, exhaust fans, sprinklers, and LED and fluorescent lighting. 62% of the warehouse's ceiling height is 26' and 38% is 16'. There is also a 32,000 SF office area (10,000 SF with a higher ceiling) and a large surface parking lot to accommodate 300 vehicles. The current tenant's lease expires Dec. 2026 with 3% annual increases and no option to renew. Do not contact the tenant without the landlord's permission. Tenant is national beverage distributor. Listed on NASDAQ.Up to 32,000 SF is available for lease in a high-tech building in an area that meets setback requirements for state recreational & medical cannabis cultivation and processing, pending the City of Warren approval. This space has 13.6 - 16' height to deck and is currently divided into multiple offices, but can be demolished to accommodate an open area, high-ceiling floor plate. Sprinklers are already in place.

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Attachments

Highlights

  • 133,332 SF building, up to 26' ceilings
  • Great Investment opportunity
  • CAP Rate: 7.5% | NOI: $621,666
  • 21 bay doors (16 docks) & 2,000-plus amps
  • Leased through Dec 2026 w/ 3% annual bumps
  • Low vacancy industrial market
  • Close to I-696 & Major Manufacturers
  • Vacant offices could be demoed for warehouse

Contacts

broker

Levi Smith

P.A. Commercial

(248) 331-0205

Location

Getting Around

  • Walk Score ®

    17/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Warren, MI
  • Neighborhood Beierman Farms
  • Zip Code 48091
  • Market Detroit

Points of Interest

  • Royal Oak

    5.59 miles

  • Grand Boulevard

    7.94 miles

  • Baltimore Street

    8.05 miles

  • Detroit

    8.12 miles

  • Amsterdam Street

    8.21 miles

  • Ferry Street

    8.52 miles

  • Warren Avenue

    8.73 miles

  • Troy

    8.82 miles

  • CDM Transport LLC

    8.85 miles

  • Canfield Street

    9.06 miles

  • Marathon

    0.39 miles

  • Pacific Pride

    0.39 miles

  • Sunoco

    0.48 miles

  • Speedway

    0.52 miles

  • BP

    0.55 miles

  • Mobil

    0.66 miles

  • BP

    0.72 miles

  • Mobil

    0.86 miles

  • Quick Fuel

    0.92 miles

  • Circle K

    0.98 miles

  • Parking Garage

    1.71 miles

  • Parking Garage

    1.76 miles

  • Parking Garage

    2.32 miles

  • Parking Garage

    2.76 miles

  • Lawrence C. Falvey Parking Lot

    5.06 miles

  • Church parking lot

    5.16 miles

  • US Post Office Parking lLot

    5.17 miles

  • Main North Garage

    5.38 miles

  • Water Tower Parking Lot

    5.62 miles

  • Lafayette Avenue Parking Structure

    5.64 miles

  • Joe's Coney Island

    0.58 miles

  • Franco's Pizza

    0.77 miles

  • Honey-Bee Donuts

    0.78 miles

  • Martin's Ham & Cornbeef

    0.82 miles

  • Dunkin'

    0.84 miles

  • Te Roma Inc

    0.85 miles

  • Haney's Family Restaurant and Catering

    0.86 miles

  • Spicy Thailand

    0.89 miles

  • Crab House

    0.90 miles

  • Stosh's Pizza

    0.91 miles

  • Shoppers Market

    1.56 miles

  • Kroger

    1.58 miles

  • Royal Supermarket

    1.68 miles

  • Value Fresh Marketplace

    1.77 miles

  • ALDI

    1.85 miles

  • Marshalls

    1.88 miles

  • Walmart Supercenter

    1.90 miles

  • Meijer

    1.98 miles

  • Meijer

    2.52 miles

  • Kroger

    2.58 miles

  • Rite Aid

    0.51 miles

  • CVS Pharmacy

    1.47 miles

  • Walgreens

    1.52 miles

  • Greater Care Pharmacy

    1.77 miles

  • Planned Parenthood

    1.93 miles

  • Rite Aid

    1.95 miles

  • Behavioral Center of Michigan

    2.11 miles

  • CVS Pharmacy

    2.16 miles

  • Warren Police Department

    2.24 miles

  • Saint John Macomb-Oakland Hospital, Warren

    2.34 miles

Frequently Asked Questions

What is the total square footage of Sherwood Warehouse?

Sherwood Warehouse totals 133,332 square feet.

When was this property built?

Sherwood Warehouse was built in 1980.

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Contact Listing Broker

broker

Levi Smith

P.A. Commercial

(248) 331-0205