2200 Olds Ave - Warehouse FOR SALE


Lansing, MI 48915- Westside
$2,950,000 USD
586-212-5270
2200 Olds Ave, Lansing, MI for Sale
$2,950,000 USD
Warehouse - FOR SALE
1/4
null | 8.9% Cap Rate

2200 Olds Ave
Lansing, MI 48915
Westside


HIGHLIGHTS

  • Investment Opportunity
  • Lease Runs Through July 31, 2044
  • Absolute Net Lease
  • 8.9% Cap Rate at Asking Price
  • 54,398 Sq Ft Building on 8.9 Acres
  • Entire Property Fenced and Gated

OVERVIEW

Investment Opportunity Lease Runs Through July 31, 2044 Absolute Net Lease 8.9% Cap Rate at Asking Price 54,398 Sq Ft Building on 8.9 Acres Entire Property Fenced and Gated 30' Ceiling Clearance Several Cranes Up to 25-Ton

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

8.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

30 Ft

DOCKS

1

DRIVE INS

4

PARKING SPACES

52

LAND DETAILS

LAND ACRES

9

LAND SF

392,040

ZONING

I

APN/PARCEL ID

01-01-20-106-016

ASK ABOUT THIS PROPERTY

Jason CapitaniL. Mason Capitani, Inc.More Info
586-212-5270

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Jason CapitaniL. Mason Capitani, Inc.More Info
586-212-5270

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