Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a well-maintained 18,016-square-foot industrial facility at 317 Catrell Drive in Howell, Michigan. Located within one of Southeast Michigan’s growing industrial corridors, the property offers an opportunity for owner-users, investors and businesses seeking manufacturing, warehouse, fabrication, distribution or contractor space in a highly accessible location. The property provides immediate access to Interstate 96, offering convenient connectivity to the Detroit metropolitan area, Lansing, Ann Arbor, Flint and the broader Midwest transportation network. Howell’s central location enables businesses to efficiently serve major population centers while benefiting from lower operating costs, a business-friendly environment and access to a skilled workforce throughout Livingston County and neighboring Oakland, Washtenaw and Genesee counties. Originally constructed in 1971, with a 1994 addition, the facility includes approximately 14,556 square feet of warehouse and shop space and 3,460 square feet of office space, including approximately 1,584 square feet of office build-out within the warehouse. The functional layout accommodates a variety of industrial operations and features 15-foot clear heights, two 12-by-14-foot grade-level overhead doors, 480-volt, three-phase power and approximately 1,784 square feet of mezzanine storage. Situated on I-1 Light Industrial-zoned land, the property benefits from legal conforming use, masonry and steel construction, a slab-on-grade foundation, 20 surface parking spaces, central air conditioning and gas forced-air heating in the office space, and radiant heat throughout the warehouse. Recent capital improvements include renovated office space featuring a conference room, private offices, a reception area and open workspace, upgraded electrical service, upgraded LED warehouse lighting and a new sewer line. Howell continues to experience industrial and commercial growth because of its strategic location along the Interstate 96 corridor between Detroit and Lansing. The market has become increasingly attractive to manufacturers, logistics providers, contractors and suppliers seeking industrial space outside higher-cost metropolitan submarkets. As industrial inventory remains limited and demand continues to increase throughout Southeast Michigan, well-located assets such as 317 Catrell Drive are positioned to benefit from favorable long-term market fundamentals. Offered at $1.35 million, the property presents an opportunity to acquire a functional industrial asset with immediate owner-user appeal, long-term investment potential and a strategic location within one of Michigan’s established industrial growth corridors.