Ronda Drive Industrial Park

Canton, MI

Industrial

Active

Kumo Capital has strategically entered the thriving industrial market of Canton, MI through its acquisition of the Ronda Drive Industrial Complex. The asset presents a prime opportunity to unlock significant value in an established market with high demand. Plans are to enhance access to the rear building and capitalize on mismanagement to increase rental rates and occupancy.

Property Highlights

The Ronda Drive Industrial Complex is comprised of four buildings totaling 138,071 square feet.

The property is excellent condition and high clears make it an extremely desirable space to countless users.
Supported by a population of approximately 146,000 within 3 miles and an average household income above $88,000.
The Detroit MSA has an industrial vacancies rate of 3.7% with minimal speculative inventory.
The property sits Sits 1 mile from Canton-Plymouth Mettetal Airport, 3.1 miles from I-295, and 14.5 miles from Detroit Metropolitan Wayne

Overview

Kumo can add an immense amount of value to this property by by enhancing rear access and parking to fill vacancies.

Acquiring 8460 Ronda Dr. enables new parking and truck access for 8462 Ronda Dr, in turn raising rental rates $2.50-$2.75/SF/Yr
Ability to increase rent for under market lease for 8460 Dr. by approximately 85% on Triple Net terms