Listed by Bradley Company Grand Rapids
$1,279,290
1623 Chicago Drive
Details
APN 41-17-03-276-013
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 16,208
Cap Rate 10.00%
NOI $127,930
Tenancy Multi
Lease Type NNN
Lease Expiration 09/29/2031
Buildings 1
Stories 1
Acreage 0.450
Investment Type Core
Industrial | 10.00% CAP | 16,208 SqFt
Marketing description
Standalone industrial building featuring a newly updated showroom. Ample parking and multiple overhead doors provide convenient access for loading and unloading. Situated in a high-traffic area, ensuring excellent visibility and easy accessibility. Ideal for a variety of commercial uses with a mix of potential showroom and warehouse.
Location Description:
Jenison, MI
Investment highlights
- Stand alone Industrial Building with a modernized showroom
- Former Hardware Store and Appliance Store
- Ability to be a single tenant or multi-tenant building
- Plenty of Parking
Listing Contacts
Listed by Bradley Company Grand Rapids
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,929.84
$10,660.82/mo
Valuation Metrics
0
DSCR
10%
Cap Rate
10%
ROI
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Property History
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