1051 Hurst Rd - Warehouse FOR SALE


Jackson, MI 49201
$1,716,000 USD
310-977-1651
1051 Hurst Rd, Jackson, MI for Sale
$1,716,000 USD
Warehouse - FOR SALE
1/5
null | 8.25% Cap Rate

1051 Hurst Rd
Jackson, MI 49201


OVERVIEW

Investment Grade Tenant – The lease is guaranteed by Federal Express Corporation (S&P “BBB” Bond Credit Rating), the world’s largest express transportation company providing a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently, and managed collaboratively under the FedEx brand with ±$88 Billion of Annual Revenue. Functional Build-to-Suit Industrial/ Long-Standing History – FedEx has been leasing this specific distribution hub since it was built approximately 25 years ago due to its functionality and strategic location. Built in 1998 for FedEx, this facility features an ±18’ clear height with two (2) dock high doors and three (3) grade level doors within a ±19,530 SF facility on ±2.51 AC (18% Building/Lot Coverage Ratio) for ample outdoor parking, storage, and building expansion potential. Prime Location – The subject property is strategically located within an industrial park less than one (1) mile from the Jackson County Airport and directly adjacent to the I–94I & M-60, which provides efficient transportation and logistics: ±35 miles from Ann Arbor continuing into Downtown Detroit ±50 miles from Detroit Metropolitan Wayne County International Airport ±70 miles from the Detroit-Windsor Tunnel (connects Detroit, MI to Windsor, Ontario, Canada

FOR SALE DETAILS

PRICE

$1,716,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.51

LAND SF

109,336

ZONING

Industrial

APN/PARCEL ID

000-08-31-351-003-06

ASK ABOUT THIS PROPERTY

Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

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Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.