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18121921
18121922

5100 Lakeshore Rd, Lexington, MI 48450

PF
NY 10401232530
CBRE - Detroit
RW
MI 6501433828
CBRE - Detroit
Listed by CBRE - Detroit
$4,500,000
730 days on market
Updated 31 days ago

Custom Agronomics - Lexington, MI

Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 49,000
Units 4
Cap Rate 9.74%
Occupancy 100%
Tenancy Single
Lease Type NNN
Year Renovated 2023
Buildings 4
Acreage 7.960
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee - Simple

Industrial | 9.74% Cap Rate | 49,000 Sq.Ft.

Marketing description

CBRE is pleased to exclusively offer investors the opportunity to acquire the fee-simple interest in the Custom Agronomics facility located at 5100 Lakeshore Rd, Lexington, Michigan. The property is a single-tenant manufacturing facility leased to Custom Agronomics, a formulator of liquid nutrients, specialty chemistries, and high-performance wetting agents and surfactants.

At the 49,000-square-foot facility, which is comprised of four buildings, Custom Agronomics has been manufacturing products for over a decade. The property is situated on roughly eight acres of land of U.S. Route 25. is located approximately 24 miles north of the Blue Water Bridge border crossing and 83 miles northeast of Detroit. The location boasts excellent proximity to multiple transportation arteries, including Interstate 94 and Interstate 69, Lake Huron, and Canada.

Listing Contacts

PF
NY 10401232530
CBRE - Detroit
RW
MI 6501433828
CBRE - Detroit
Listed by CBRE - Detroit

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