55905 92nd Ave - Distribution FOR SALE


Dowagiac, MI 49047
$2,650,000 USD
269-207-7446
55905 92nd Ave, Dowagiac, MI for Sale
$2,650,000 USD
Distribution - FOR SALE
1/3
null | 6.46% Cap Rate

55905 92nd Ave
Dowagiac, MI 49047


HIGHLIGHTS

  • Triple net lease. Long term stable tenant (Securit Metal Products Co.) with yearly rent increases. Sale includes 2 properties-55905 92nd & 52366 M-51N

OVERVIEW

NNN lease thru 2039 with 2% annual increase. Long term, established business tenant

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

6.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Refrigeration/Cold Storage, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

Lighting, Gas, Water, Sewer, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.3

LAND SF

317,988

ZONING

industrial

APN/PARCEL ID

80-10-032-004-01

ASK ABOUT THIS PROPERTY

Patrick O'BrienO'Brien Real Estate, Inc.More Info
269-207-7446

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Patrick O'BrienO'Brien Real Estate, Inc.More Info
269-207-7446

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