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28893431
28893432

1 Lakeland Place, Edmore, MI 48829

GM
MI MI 6506048835
CBRE
CBRE - Indianapolis
MM
Listed by CBRE, CBRE - Indianapolis
$3,210,000
171 days on market
Updated 64 days ago

1 Lakeland Place, Edmore, MI

Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 113,000
Units 1
Cap Rate 9.19%
NOI $294,996
Tenancy Single
Lease Term 10
Lease Expiration 12/31/2035
Remaining Term 9.6
Rent Bumps Yes
Price per SqFt $28
Class C
Year Built 1995
Buildings 1
Stories 1
Acreage 7.100
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 01/01/2026
Ceiling Height 18'-21'
Loading Docks 7

Industrial | 9.19% CAP | 113,000 SqFt

Marketing description

Long-standing Tenancy in a Highly Functional and Versatile Building at an Incredible Cap Rate

Originally constructed in 1995 specifically for Lakeland Mills, this 113,000 square foot manufacturing and distribution facility has been extremely well maintained by its only Tenant. The facility is equipped with heavy power, 7 docks, 3 drive-in doors, and clear heights ranging from 18’ to 21’.

Edmore is a small, growing village in Montcalm County with roughly ~1,200– 1,300 residents (2024–2025 estimates). It sits on the Pine River and offers smalltown character with quick regional access — about 60–70 miles (~ 1–1.5 hours) to Grand Rapids and Gerald R. Ford International Airport, making it a quiet hometown with practical proximity to a major metro.

Link to Landing Page 1 Lakeland Place

Link to NDA for full OM 1 Lakeland Place

Listing Contacts

GM
MI MI 6506048835
CBRE
CBRE - Indianapolis
MM
Listed by CBRE, CBRE - Indianapolis

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$294,996.00
$24,583.00/mo

Valuation Metrics

0
DSCR
9.19%
Cap Rate
9.19%
ROI

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Additional Information

Name
Geoffrey Meekhoff
License
MI 6506048835
Brokerage
CBRE
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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