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34331091
34331092

5875 Weller Court Southwest, Wyoming, MI 49509 For Sale

GM
MI MI 6506048835
CBRE
MM
Listed by CBRE
$10,250,000
1 day on market
Updated 1 day ago

5875 Weller Court

Details
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 114,042
Cap Rate 7.20%
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $90
Year Built 2000
Buildings 1
Acreage 5.700
Zoning I3
Parking Spaces 72 spaces
Parking per 1,000 SqFt 0.63
Tenant Credit Credit Rated
Ground Lease No
Loading Docks 1
Dock High Doors 4

About This Property for Sale

Marketing description

We are pleased to present the opportunity to acquire 5875 Weller Ct SW, a strategically

located industrial facility in the heart of the Greater Grand Rapids manufacturing

corridor.

Maksteel, the tenant since 2015, is a premier processor and distributor of carbon steel, aluminum,

and stainless product.

The building, formerly occupied by Lee Steel, was built in 2001 and expanded in 2011.

This is a prime location, benefiting one of Michigan’s strongest logistics and manufacturing hubs

with convenient access to US-131, 1-196, M-6 and the Gerald R. Ford International Airport.

This offering presents investors with upside driven by market rent growth, future mark-to-market

potential, and strong owner-user demand.

Link to Website & NDA >>> 5875 Weller Ct Executive Summary

Listing Contacts

GM
MI MI 6506048835
CBRE
MM
Listed by CBRE

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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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