52366 M-51 Ave Dowagiac, MI 49047
Industrial | 8.00% CAP | 63,148 SqFt
Marketing description
Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 8 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres.Please submit offers to: [email protected] Sale includes 52366 M-51 N. COMBINATION OF 80-10-032-004-00, 80-10-032-004-60, 80-10-032-004-92 AND 80-10-032-004-95 ON 17 DECEMBER 2007 FOR 2008.
Investment highlights
Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 8 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres.: Please submit offers to: [email protected] Sale includes 52366 M-51 N. COMBINATION OF 80-10-032-004-00, 80-10-032-004-60, 80-10-032-004-92 AND 80-10-032-004-95 ON 17 DECEMBER 2007 FOR 2008.
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