1200 Durant Dr - Manufacturing FOR SALE
Howell, MI 48843 |
1200 Durant Dr
Howell, MI 48843
HIGHLIGHTS
- Turnkey industrial facility with heavy 3-phase power, a 29-foot clear height, pneumatics, a drive-in door, and two 25-ton bridge cranes.
- Extensive CapEx ($111,000) since 2022, including painting, evaporation tank heaters, chrome tank heaters, air unit heaters, and plant plumbing.
- Placed along the main corridor connecting Detroit, Lansing, and Grand Rapids, with immediate access to Interstate 96 and Michigan Highway 59.
- Value-add potential in a tight industrial submarket, with vacancies of 2.8%, YOY rent growth of 2.8%, and five-year annual average rent growth of 5%.
- Easy access to local shopping and dining amenities in Downtown Howell and dozens of industry-leading retailers at the Kensington Valley Outlets.
- Robust industrial workforce, with a growing population and more than 33% of daytime employees within 10 miles working in blue-collar industries.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Renovated Facility in I-96 Industrial Hub
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
UTILITIES
Lighting, Gas, Water, Sewer, Heating
CLEAR CEILING HT
29 Ft
DOCKS
-
DRIVE INS
1
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
06-28-401-030
