Industrial Space /MI /Calhoun County /Springfield /126 Avenue C
Industrial Space /MI /Calhoun County /Springfield /126 Avenue C

126 Avenue C - Manufacturing FOR SALE


Springfield, MI 49037 | 
$4,745,065 USD
310-303-9870
126 Avenue C, Springfield, MI for Sale
$4,745,065 USD
Manufacturing - FOR SALE
1/112
null | 7.7% Cap Rate
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126 Avenue C
Springfield, MI 49037

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HIGHLIGHTS

  • TRMI & SNACKWERKS
  • NNN LEASES - MINIMAL LANDLORD RESPONSIBILITIES
  • INVESTMENT GRADE CREDIT ANCHOR TENANT (TRMI)
  • NEW LONG-TERM LEASES IN PLACE
  • POTENTIAL FOR VALUE-ADD - ADDITIONAL 27,588 SF MEZZANINE
  • EXCELLENT REAL ESTATE FUNDAMENTALS

OVERVIEW

PRICING - $4,745,065 CAP RATE - 7.70% NOI - $365,370 LEASE TYPE - NNN BUILDING SIZE - 86,574 SF* (*114,162 SF including mezzanine level) LOT SIZE - 10.80 ACRES

FOR SALE DETAILS

PRICE

$4,745,065 USD

PRICE/SF

$55 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TRMI & SnackWerks | Springfield, MI

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

Gas, Water, Sewer, Heating

CLEAR CEILING HT

25 Ft

DOCKS

8

DRIVE INS

3

PARKING SPACES

100

LAND DETAILS

LAND ACRES

10.8

LAND SF

470,448

ZONING

I-2

APN/PARCEL ID

54-120-147-00

ASK ABOUT THIS PROPERTY

Tony AndersonCBREMore Info
310-303-9870

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Tony AndersonCBREMore Info
310-303-9870

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