Listed by Advantage Commercial Real Estate
$6,420,400
14130 172nd Ave
Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 111,308
Cap Rate 6.50%
NOI $447,050
Tenancy Single
Lease Expiration 07/06/2046
Remaining Term 20.1
Price per SqFt $58
Year Built 2016
Investment Type Net Lease
Ceiling Height 16-24
Loading Docks 6
Dock High Doors 2
Industrial | 6.50% CAP | 111,308 SqFt
Marketing description
These facilities located at 14130 and 14170 172nd Avenue in Grand Haven and 100 Harbor Drive in Charlevoix, are a Portfolio of free standing, single tenant Industrial manufacturing facilities. These properties consist of single story, well built, high-bay concrete and steel construction and are ranging in size from 59,559 to 305,000 SF. The properties are extremely well constructed, with some having the ability for expansion. These buildings are well suited for the manufacturing industry and for their current occupant. These assets would be desirable for anyone in the industrial Investment market, who desire facilities that are well built with heavy floors, power and industrial infrastructure.
Listing Contacts
Listed by Advantage Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$447,050.00
$37,254.17/mo
Valuation Metrics
0
DSCR
6.96%
Cap Rate
6.96%
ROI
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