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22359227
28175885

4364 W North Down River Rd, Grayling, MI 49738

SB
MI MI 6501370698
Anton, Sowerby & Associates
GF
MI 6502433487
Anton, Sowerby & Associates
Listed by Anton, Sowerby & Associates
$799,000
441 days on market
Updated 73 days ago

4364 W North Down River Road

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 21,102
Cap Rate 7.00%
Lease Type NNN
Lease Term 5
Remaining Term 4
Lease Options 3 year
Year Built 1999
Buildings 3
Acreage 3.500
Zoning C-2
Investment Type Net Lease
Ceiling Height 12
Loading Docks 1
Dock High Doors 2

Industrial | 7.00% CAP | 21,102 SqFt

Marketing description

Current long-term tenant with 4 years remaining on existing Lease and a 3-year option to renew. Long-term Tenant is one of the largest door manufacturers in the United States. Taxes and insurance are the tenant's responsibility. Total SF is 21,102 SF. The primary building is 18,350 SF with 660 SF of office space. The main building has two 10' x 12' overhead doors, truckwell and 440V, 3-phase power. Property is zoned C-2. Building 2 is 1,920 SF, and Building 3 is 832 SF. Both are vacant, providing upside potential.

Listing Contacts

SB
MI MI 6501370698
Anton, Sowerby & Associates
GF
MI 6502433487
Anton, Sowerby & Associates
Listed by Anton, Sowerby & Associates

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Additional Information

Name
Susan Blanchard
License
MI 6501370698
Brokerage
Anton, Sowerby & Associates
Brokerage Phone
5869181956
Title
Real Estate Sales Agent
Name
Garth Frounfelker
License
6502433487
Brokerage
Anton, Sowerby & Associates
Brokerage Phone
5864698888
Title
Executive Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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