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More Information OnlineMore Information Onlinehttp://cie.cpix.net/listing/29895124
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Listing ID: 29895124Status: ActiveProperty Type: Industrial For Lease
(also listed as Retail-Commercial)Industrial Type: Flex Space, Mixed UseContiguous Space: 600 - 10,500 SFTotal Available: 24,000 SFLease Rate: $8 - 14.50 PSF (Annual)Base Monthly Rent: $5,333 - 9,666Lease Type: Gross Lease, NNNLoading: 1 Dock, 4 Doors (Varies by space)Ceiling: 10 - 18 ft.Office SF: 1,300 - 3,300 SF, ( Total)Drive-In Bays: 1 Bay (Varies by space)
Overview/CommentsOverview/CommentsThis property was been recently renovated with a new exterior facade asshown in the updated image of the exterior.
All spaces have loading dock access.
Suites 201-209 are (9) MINI-FLEX (office & warehouse ) spaces thatconsists of (9) newly renovated, 500 to 1,000 sq. ft. small office w/warehouse combination units. These units can be rented separately ofcollectively with a gross lease that includes includes utilities, common areajanitorial and maintenance( e.g. grass mowing and snow removal) , taxes,insurance.
Suite 211 is 5,500 s.f. of Flex space with 1,500 office or showroom suiteand a 4,200 s.f. warehouse.
Suite 201-210+ C is 8,000 s.f. of Flex space that includes 3,000 s.f. ofoffice and 5,000 s.f. of warehouse.
Suite 211+C is a 10,500 space consisting of 9,200 s..f of warehouse and1,300 s.f of showroom - office.
All spaces could be combined for a total of 13,500 s.f..
The property has a loading dock, drive-in overhead doors and a 6' highchain link fence around the perimeter.
The location is in close proximity to I-93, Michigan Ave and US 23.WillowRun airport is
General InformationGeneral InformationTaxing Authority: Ypsilanti TownshipTax ID/APN: 2223-35-105-009Industrial Type: Flex Space, Mixed Use, Light Industrial, Self
Storage, Truck Terminal, Warehouse/Distribution,Other
Zoning: B1, OS1 + SPECIAL CLASS A PERMIT FORINDUSTRIAL USE
Building Name: 265 S. Harris-Airport Building # B, Suites 201-211Gross Building Area: 25,700 SFBuilding/Unit Size (RSF): 10,000 SFCore Factor: 5%Land Area: 1.50 Acres
265 S. Harris Road - Airport Building "B"265 S. Harris Road - Airport Building "B"265 S Harris Road, Ypsilanti, MI 48198
Prepared by Joe Arnold, CCIM, St. Arnold CommercialApr 5, 2021 on CPIX
248-880-9084 [M] 800-830-7011 [O] [email protected] Real Estate License: 417051
Page 1Page 1
Available SpaceAvailable SpaceSuite/Unit Number: 210-CSuite Floor/Level: groundSpace Available: 10,500 SFMinimum Divisible: 5,000 SFMaximum Contiguous: 10,500 SFSpace Subcategory 1: Warehouse/DistributionSpace Subcategory 2: Office ShowroomSpace Type: NewDate Available: 05/26/2020Lease Rate: $8 PSF (Annual)
Lease Type: NNNRent Escalators: Step-Up LeaseOffices: 9Office SF: 3,300 SFParking Spaces: 15Loading Docks: 1Loading Doors: 4Drive In Bays: 1Ceiling Height: 18Clear Height: 15
Space Description Suite 210-C is 10,500 s.f. of recently renovated Flex-space. It features a new exterior façade. It consists of a 9,200 s.f. warehouse, a 1,000 s.f.showroom (that could be office or additional warehouse and a 300 s.f. office. The space leases for $8.00 / s.f. + the tenants pro-rata share of NNN expense and utilities. .There are ( 3) 10' overhead door , plus (1) 12' overhead door with a vehicle drive in ramp, plus with loading dock access. The property has been completely renovated with anew roof, new interior, new HVAC, new bathrooms, new ceiling, new carpet and new epoxy floor. It has been completely painted in all areas, including the ceilings.
Available SpaceAvailable SpaceSuite/Unit Number: 265 Harris - Airport Building Suite 201-209Suite Floor/Level: 1Space Available: 8,000 SFMinimum Divisible: 600 SFMaximum Contiguous: 8,000 SFSpace Subcategory 1: Industrial-Business ParkSpace Subcategory 2: Warehouse/DistributionSpace Type: ReletDate Available: 01/04/2016Lease Term (Months): 12 Months
Lease Rate: $8 - 14.50 PSF (Annual)Lease Type: NNN, Gross LeaseRent Escalators: Step-Up LeaseOffices: 8Parking Spaces: 45Loading Docks: 1Loading Doors: 4Drive In Bays: 1Ceiling Height: 18Clear Height: 15
Space Description This MINI-FLEX (office & warehouse ) space features a new exterior façade. It consists of (8) 500 to 1,275 sq. ft. of Flex space with a full service grossthat includes taxes, insurance and common area maintenance. ( e.g. grass mowing and snow removal) . All utilities are included in the rent. There is also potential for atenant to secure either 5,500 of Flex space (office and warehouse) warehouse space in the Building B .These buildings are very clean, inside and out. A new roof wasinstalled 9/16. The parking lot was repaved 11/16. The property is heated and air conditioned and has loading dock access. This property is located in close proximity toWillow Run Airport. The property has nearby access to Michigan Avenue and I-94. Zoning Description - B1 (local Business district) OS1 (Office / Retail) plus a Special ClassA-Non-conforming use permit approved by the township w/ provisions to allow businesses that includes; Trucking, Transportation, Warehouse Equipment Rental,Contractors, etc.
Available SpaceAvailable SpaceSuite/Unit Number: 210Suite Floor/Level: 1Space Available: 5,500 SFMinimum Divisible: 4,000 SFMaximum Contiguous: 5,500 SFSpace Subcategory 1: Warehouse/DistributionSpace Subcategory 2: Office ShowroomSpace Type: ReletDate Available: 11/01/2019Lease Rate: $8 PSF (Annual)Lease Type: NNN
Rent Escalators: Step-Up LeaseConference Rooms: 1Offices: 2Office SF: 1,300 SFParking Spaces: 7Loading Docks: 1Loading Doors: 1Drive In Bays: 1Ceiling Height: 14Clear Height: 10
Space Description Suite 210 features a new exterior façade. It is 5,500 s.f. of recently renovated Flex-space. It consists of a 4,200 s.f. warehouse, a 1,100 s.f. showroom(that could be office or additional warehouse and a 200 s.f. office. The space leases for $8.00 / s.f. + the tenants pro-rata share of NNN expense and utilities. . There is a10' overhead door with loading dock access and a drive in ramp that is accessible to fork-lifts. The property has been completely renovated with a new roof, new interior,new HVAC, new bathrooms, new ceiling, new carpet and new epoxy floor. It has been completely painted in all areas, including the ceilings.
Area & LocationArea & LocationProperty Located Between: On the east side of Harris Road, north of Ecorse
Road.Airports: Willow Run Airport - 4.6 miles
Prepared by Joe Arnold, CCIM, St. Arnold CommercialApr 5, 2021 on CPIX
248-880-9084 [M] 800-830-7011 [O] [email protected] Real Estate License: 417051
Page 2Page 2
Highway Access This building is located on a 1.5 acre fenced site with 2 other buildings. Building A is 10,800 sq. ft. of space. Building B is 10,000 s,f, and Building C is5,000 s.f. Overhead door and truss clearance varies. Building B is 10' to the truss. 14' to the deck with 10' overhead doors. Potential for additional office and/or warehousespace in adjacent buildings. The property has parking lot security lighting and a 6' high chain link fence around the perimeter.
Building RelatedBuilding RelatedTotal Number of Buildings: 3Number of Stories: 1Office Space SF: 1,300 - 3,300 SFProperty Condition: GoodYear Built: 1970Year Renovated: 2017Roof Type: FlatConstruction/Siding: Aluminum Siding, BlockExterior Description: Exterior is freshly painting concrete block and
aluminum siding .Parking Ratio: 1.8 (per 1000 SF)Parking Type: SurfaceParking Description: 21,600 sq. ft. parking lot. Space to park 45
vehicles
Total Parking Spaces: 45Column Spacing: No columnsPassenger Elevators: 0Freight Elevators: 0Sprinklers: NoneAmps: 400Volts: 240X-Phase: 3Heat Type: Natural GasHeat Source: Central, Ceiling UnitsAir Conditioning: Package UnitLighting: Fluorescent
Land RelatedLand RelatedLot Frontage: 97'Lot Depth: 394
Water Service: MunicipalSewer Type: Municipal
Zoning Description 1, OS1, with additional use provisions approved by township for warehouse, truck terminal, moving company, trailer/truck rental and storeage
LocationLocationAddress: 265 S Harris Road, Ypsilanti, MI 48198County: Washtenaw
MSA: Ann ArborSubmarket: Washtenaw E of 23
Prepared by Joe Arnold, CCIM, St. Arnold CommercialApr 5, 2021 on CPIX
248-880-9084 [M] 800-830-7011 [O] [email protected] Real Estate License: 417051
Page 3Page 3
Property ImagesProperty Images
1593641077160
6
20200701_161550
11
DSC02860
DSC02858
20171023_135053
Prepared by Joe Arnold, CCIM, St. Arnold CommercialNov 22, 2020 on CPIX
248-880-9084 [M] 800-830-7011 [O] [email protected] Real Estate License: 417051
Page 4Page 4
20171023_135219
1600865663953
20200701_161555
Prepared by Joe Arnold, CCIM, St. Arnold CommercialNov 22, 2020 on CPIX
248-880-9084 [M] 800-830-7011 [O] [email protected] Real Estate License: 417051
Page 5Page 5
1600865781086
Bldg B ext from ramp
west view from dock
Property ContactsProperty Contacts
Joe Arnold, CCIMJoe Arnold, CCIMSt. Arnold Commercial
248-880-9084 [M]
800-830-7011 [O]
Prepared by Joe Arnold, CCIM, St. Arnold CommercialNov 22, 2020 on CPIX
248-880-9084 [M] 800-830-7011 [O] [email protected] Real Estate License: 417051
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume anyliability for errors or omissions.
Page 6Page 6
72' 6"
12
7' 5
"
12' 0"
6' 3
"
4' 8"
6' 2
"
55' 10"
12
7' 6
"
23' 1" x 48' 4"
55' 1" x 16' 3"
4' 8" x 5' 0"
12' 4" x 8' 9"
16' 2" x 23' 0"
11' 10" x 11' 8"
10' 10" x 10' 8"
11' 0" x 10' 8"
Suite 206FLEX SHOWROOM-OFFICE
1,242 sq. ft.
COMMON AREASapprox .653 s.f.
LOADINGDOCK# 1
SUITE 206OFFICE
STORAGEROOM52 s.f.
4'x 13'
265 SOUTH HARRIS ROADBUILDING # B
YPSILANTI, MICHIGAN, 48198Measurements approximate to outside of wall
NORTH
COURT YARDPARKING LOT
OVERHEAD DOOR# 2
OVERHEAD DOOR# 1
ATTACHMENT 2
TOILET
OVERHEAD DOOR# 3
TOILET
3' 8" x 6' 0"
19' 4" x 16' 0"
Suite 2051,071 Sq. Ft. w/ Overhead Door
20' 5" x 18' 4"
16' 0" x 20' 6"
18' 3" x 9' 6"
18' 2" x 9' 3"
16' 0" x 16' 0"
19' 2" x 17' 4"
36' 9" x 3' 4"
28' 8" x 12' 10"
11' 11" x 8' 1"
Suite 208378 s.f.
Suite 207288 s.f.
Suite 201288 s.f
Suite 202204 s.f.
Suite 209180 s.f.
Suite 210260 s.f.
Suite 203285 s.f.
Suite 211180 s.f.
Suite 204246 s.f.
CO
MM
ON
AR
EA
FOYER
STORAGEROOM80 s.f.
STORAGEROOM
LOADINGDOCK
# 2
CO
MM
ON
AR
EA
COMMON AREA
SUITE 206WAREHOUSE4,000 SQ. FT.
70' x 58'
FURNACEROOM25 s.f.
LOADINGDOCK
# 3
89' 8" x 6' 0"
50' 0
"
100' 0"
50' 0
"
100' 0"
10' 0" x 24' 0"
Suite 207520 s.f26' x 20'
Suite 208600 s.f24' x 25'
Suite 201528 s.f24' x 22'
Suite 204420 s.f21' x 20'
Suite 209300 s.f30' X 10'
265 S. HARRIS - BUILDING CMeasurements - Approximate
LOADINGDOCK
10' X 10'OVERHEAD DOOR
10' X 10'OVERHEAD DOOR
10' X 12'OVERHEAD DOOR
DRIVE INVEHICLERAMP
PARKING LOT
COMMON AREACOMMON AREA
COMMONAREA
COMMON AREA
PARKING LOT
PARKING LOT
Suite 210300 s.f15' X 20'
Suite 203420 s.f21' x 20'
Suite 202340 s.f17' X 20'
Suite 211408 s.f.24 X 17'
5' 8"
265 S. Harris Road ATTACHMENT 1
NORTH
BUILDING # C
BUILDING # A
BUILDING # B
NORTH
N O R T H
DENOTES LOADING DOCK AREA
Date Mar 2000Sale Type Owner/User
RBA 10,500 SFStories 1Typical Floor 10,500 SFClass C
Year Built 1994Tenancy MultiOwner Occup No
Docks 1 extDrive Ins 1 tot./10'w x 7'9"hCross Docks NoneLevelators NoneConstruction MasonryBuilding Ht 14'Truck Wells 1
Ceiling Ht 10'Columns NoneElevators NoneSprinklers NoneRail Spots NoneCranes None
Land Acres 1.37 ACBldg FAR 0.18
Land SF 59,677 SFDimensions 100' x 374'
Bus Line Fenced Lot
Type 2 Star Industrial Warehouse
Power 550a/240v 3p
Utilities Gas - Natural, Heating, Lighting - Fluorescent, Sewer, Water
Parking 30 free Surface Spaces are available; Ratio of 2.86/1,000 SF
Taxes $0.20/SF (2012)
Walk Score® Car-Dependent (47)Transit Score® Some Transit (30)
Zoning B1Parcel 11-11-271-004
Name SF OccupiedNAPA Auto Parts 5,500 SF
Smallest Space 5,500 SFMax Contiguous 10,500 SF# of Spaces 1
Industrial Avail 10,500 SF
Marketing Brochure/Flyer
Vacant 10,500 SF% Leased 0%Asking Rent $5.49/SF Triple NetCAM None
Floor SF Available Use RentE 1st 5,500 - 10,500 SF Industrial $5.49/NNN
Sign Date SF Leased Use Rent Rent TypeMar 2012 4,551 SF Industrial $2.50/MG Asking
Recorded Owner Web Enterprise Properties, LLCPrimary Leasing GLOBAL Realty Group, LLC
Property
265 S Harris Rd - Airport Building BYpsilanti, MI 48198 - Washtenaw E of 23 Ind Submarket10,500 SF Available for lease with Avg Asking Rent of $5.49/sf/yr10,500 SF Class C Industrial Warehouse Building Built in 1994
Sale
Building
Land
Tenants
Features
For Lease
Space
Leasing Activity
Market Conditions CurrentVacancy Rates
Current Building 100% 0.0%Submarket 1-3 Star 0.5% 0.1%Market Overall 2.3% 0.3%
Asking Rents Per SFCurrent Building $5.49 13.9%Submarket 1-3 Star $7.04 6.1%Market Overall $6.80 14.5%
Submarket Leasing Activity12 Mo. Leased SF 648,320 574.1%Months on Market 2.6 23.6 mo
Submarket Sales Activity Current Prev Year 12 Mo. Sales Volume (Mil.) $1.4 $24.912 Mo. Price Per SF $29 $44
Property Contacts
Documents
Interior Washtenaw E of 23 Industrial Submarket Map
Washtenaw Industrial Market Map Detroit Industrial Submarket Overview Map
Detroit Industrial Market Overview Map
Joe Arnold St. Arnold Commercial Realty
Professional Profile
Joe Arnold, CCIM Designee and member of the Commercial Board of Realtors (CBOR), is a licensed
Commercial Broker and President of Saint Arnold Commercial Realty. St. Arnold Commercial Realty
specializes in Deferred Sales Trusts and 1031 Tax Deferred Exchanges. We focus on the leasing and sale
of industrial, hi-tech, and office facilities in Southeastern Michigan.
In 2019, Joe earned the distinguished Certified Commercial Investment (CCIM) designation, which
represents proven expertise in financial, market, and investment analysis, in addition to negotiation. CCIM
designees are recognized as leading experts in commercial investment real estate.
Joe holds an MBA degree from Michigan State University with a concentration in Marketing, Finance and
Accounting and also has a BS degree in Law from Eastern Michigan University. Throughout his career, Joe
has been responsible for the acquisition, disposition and leasing of office, hi-tech and industrial properties.
Joe has over 20 years of experience in Property Management as a landlord and building owner. He has
managed numerous commercial build out and renovation projects. He has provided consulting services,
landlord and tenant representation services, and buyer – seller representation as well as having
experience in commercial and industrial sales.
When people see the company name and founders name, they may wonder if this guy thinks he is a Saint.
For the record, he does not. But he would like to be. Actually, the name St. Arnold Commercial Realty
was selected in memory of St. Arnold of Metz, (582-644A.D.) Joe’s 45x Great Grand Father. Joe is active
doing Family Tree research, with some family branches dating back to 150 B.C.
Joe is also a Licensed Builder with 30+ years of experience with commercial and
industrial build out / renovation projects for hi-tech data centers, hospital labs and
industrial process control projects as well as building residential homes.
In addition to Joe’s real estate related experience, Joe brings over 35 years of electrical
and mechanical engineering, construction and marketing experience to the table as the
President of Computer Environments in Ypsilanti, MI. He has specialized in TURN-KEY,
design-build infrastructure solutions for mission critical applications with projects ranging
from Computer Rooms to Hospital Laboratories to Industrial Process Control
applications. Joe has implemented design criteria to ensure the highest levels of uptime
for Hi-Tech applications involving microprocessor-controlled devices. He has also
received a patent as the inventor of a hybrid electrical power panel that mitigates
electrical power disturbances. He has been a featured guest speaker at trade shows
and seminars throughout the United States and internationally.
Michigan Real Estate Broker’s License: 417051 Michigan Builders License: 127544
SAINT ARNOLD COMMERCIAL REALTY P.O. BOX 971069
YPSILANTI, NI., 48197 PH # (800)830-7011
FAX # (734)525-5289 E-MAIL – [email protected]
Internet – WWW.SAINTARNOLDCOMMERCIAL.COM
Joe raised 5 children in Northville, MI & resides in Ann Arbor. Joe has over 20 years of involvement with
the Boy Scouts of America as a member and adult leader. He is a member of the Knights of Columbus. He
is an avid whitewater kayaker, archer and bow hunter, has a lifelong passion for music and as an
audiophile. His hobby is photography.
Education - Credentials
Masters – MBA Bachelors - B.S.
Michigan State University, 1976 Eastern Michigan University 1974
Marketing, Finance & Accounting Law, Marketing, Finance & Accounting
Associations
Member – Commercial Board of Realtors
Michigan Association of Realtors
National Association of Realtors
Designee – Certified Commercial Investment Member - CCIM
Achievements
Expertise – Credentials
Specializations Deferred Sales Trust
CCIM Designee Awarded CCIM Designee (Certified Commercial Investment Member -
Designation # 23567). CCIM designees are recognized Globally as
leading experts in commercial investment real estate. There are over
31,000 licensed Real Estate Brokers and Agents in Michigan, but less
than 1%, have qualified to earn the CCIM Designation to meet the
needs of commercial clients that desire to lease or own commercial real
estate and maximize their after-tax return on investment”.
U.S. Patent & Trademark Office
Guest Speaker
Developed advancement in power quality protection equipment.
Awarded US Patent 7,633,772 B2.
Numerous appearances internationally as a guest speaker on power
quality and protecting mission critical facility equipment for numerous
associations, conferences and companies including;
Society of Hospital Engineers, Wisconsin Public Power, Great Lakes
Broadcasting Association, Bio-Med Tech Association Data Processing
Manager’s Association, Plant Engineering Conference, Power Quality Expo
Conference, Information Technology Expo Conference & many
Consulting Eng. firms.
E-MAIL – [email protected] Internet – WWW.SAINTARNOLDCOMMERCIAL.COM
WHAT IS A CCIM ???
The Designation CCIM stands for Certified Commercial Investment Member. The CCIM lapel pin denotes that the
wearer has completed advanced coursework in financial and market analysis, and demonstrated
extensive experience in the commercial real estate industry. CCIM designees are recognized as
leading experts in commercial investment real estate.
Investment Expertise Above all, the CCIM designation represents proven expertise in financial, market, and investment
analysis, in addition to negotiation. Courses in these core competencies are taught by industry
professionals, ensuring all material reflects the state of the industry. With this real-world education,
CCIM designees are able to help their clients:
• Minimize risk
• Enhance credibility
• Make informed decisions
• Close more deals
Who Earns the CCIM Designation? Any commercial real estate professional is eligible to enroll in designation courses and ultimately apply to receive
the distinction. Current designees include:
• Brokers
• Leasing professionals
• Investment counselors
• Asset managers
• Appraisers
• Corporate real estate executives
• Property managers
• Developers
• Institutional investors
• Commercial lenders
• Portfolio managers (loan servicing)
• Attorneys
• Bankers
A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial
and investment real estate. A CCIM is an invaluable resource to the commercial real estate owner, investor,
and user, and is among an elite corps of 8,600 professionals across North America who hold the CCIM
designation.
Recognized for its preeminence within the industry, the CCIM curriculum which represents the core knowledge
expected of commercial investment practitioners, regardless of the diversity of specializations within the
industry. The CCIM curriculum consists of four core courses that incorporate the essential CCIM skill sets:
financial analysis, market analysis, user decision analysis, and investment analysis for commercial investment
real estate. Additional curriculum requirements may be completed through CCIM elective courses, transfer
credit for graduate education or professional recognition, and qualifying non-CCIM education. Following the
course work, candidates must submit a resume of closed transactions and/or consultations showing a depth
of experience in the commercial investment field. After fulfilling these requirements, candidates must
successfully complete a comprehensive examination to earn the CCIM designation. This designation process
ensures that CCIMs are proficient not only in theory, but also in practice.
With such a wide range of subjects to be mastered and in a dynamic business such as real estate, the
educational process doesn’t end once the designation is earned; there is a strong commitment among CCIMs
to continuing education.
Less than 1% of the over 30,000 Real Estate Agents and Brokers in Michigan are a CCIM Designee. Only 6
percent of the estimated 125,000 commercial real estate practitioners nationwide hold the CCIM designation,
which reflects not only the caliber of the program, but also why it is one of the most coveted and respected
designations in the industry. The CCIM membership network mirrors the increasingly changing nature of the
industry and includes brokers, leasing professionals, investment counselors, asset managers, appraisers,
corporate real estate executives, property managers, developers, institutional investors, commercial lenders,
attorneys, bankers and other allied professionals. Through this business network and through enhanced
communication with the CCIM electronic network, CCIMs successfully complete approximately 156,000
transactions annually, representing more than $400 billion.
Certified Commercial Investment Members are in more marketplaces in North America — 12 CCIM regions
representing 1,000 cities — than all major real estate companies combined. Regions and chapters provide
designees and candidates the opportunities to promote business and educational goals through local and
regional forums and meetings.
Conferred by the CCIM Institute, the CCIM designation was established in 1969. Courses leading to the
designation are offered throughout the world. For information, call the CCIM Institute @ (800) 621-7027.
P.O. Box 971069, Ypsilanti, MI., 48197
Voice (800)830-7011
Fax (734)525-5298
Email - [email protected]
Internet - www.saintarnoldcommercial.com
Brokers License # 417051 ⚫ Builders License # 127544 ⚫ B.S., M.B.A.. & CCIM Designee
Who is Saint Arnold….? Click On; Arnulf of Metz ⚫ Feast Day – July 18