$1,556,000 USD
248-702-0288
1405 Keystone Ave
Lansing, MI 48911
Southeast Lansing
HIGHLIGHTS
- Sherwin Williams Has Operated At The Site Since 2006 and Currently Has 5+ Years of Lease Term Remaining
- Location Operates as a Sherwin-Williams Commercial Paint Store: High-Volume, Recession-Resistant Business Model Driven by Professional Relationships
- Double Net Lease (NN) Minimal Management Responsibilities Required
- 5 Mile Population Surrounding the Investment Property Exceeds 146,000
- Located off South Pennsylvania Avenue - Over 18,500 Vehicles/Day
FOR SALE DETAILS
PRICE
$1,556,000 USD
PRICE/SF
$123 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sherwin Williams
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1979
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
1
DRIVE INS
2
PARKING SPACES
40
LAND DETAILS
LAND ACRES
1.02
LAND SF
44,431
ZONING
I HVY
APN/PARCEL ID
01-05-03-251-016,01-05-03-326-051
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248-702-0288
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248-702-0288
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