214 Washburn St - Distribution FOR SALE


Howard City, MI 49329
$20,000,000 USD
616-264-3335
214 Washburn St, Howard City, MI for Sale
$20,000,000 USD
Distribution - FOR SALE
1/10
null | 6.78% Cap Rate

214 Washburn St
Howard City, MI 49329


OVERVIEW

The Wolverine Distribution Center (WDC) was built to suit for Wolverine Worldwide in 1998. Howard City was strategically chosen for its central location and proximity to their Headquarters, 20 minutes south. Convenient access to 131 makes shipping seamless. WDC, was initially 357k SF, with another 111k SF being added in 2003. The clear heights and infrastructure in place, makes WDC a critical receiving and distribution facility for Wolverine Worldwide’s current and future product lines. Wolverine Worldwide has occupied this space for over 25 years and continues to use it at capacity.

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

6.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

35 Ft

DOCKS

12

DRIVE INS

-

PARKING SPACES

192

LAND DETAILS

LAND ACRES

23.93

LAND SF

1,042,391

ZONING

CM - Industrial

APN/PARCEL ID

047-435-021-30

ASK ABOUT THIS PROPERTY

616-264-3335

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

616-264-3335

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