2504 S Sprinkle Rd - Warehouse FOR SALE


Kalamazoo, MI 49001
$1,699,000 USD
269-207-1040
2504 S Sprinkle Rd, Kalamazoo, MI for Sale
$1,699,000 USD
Warehouse - FOR SALE
1/2
null | 7.93% Cap Rate

2504 S Sprinkle Rd
Kalamazoo, MI 49001


HIGHLIGHTS

  • Fee-simple interest in the fabrication/distribution/corporate headquarters occupied by Precision Glass & Glazing, LLC
  • ±18,720 SF of industrial improvements situated on ±1.66 acres of land - located on S. Sprinkle Rd., between I-94 and the I-94 Business Loop
  • New 10-year net lease to be executed before closing
  • Facility includes ±5,376 SF of office space and ±13,344 SF of warehouse/shop space featuring state-of-the-art equipment and climate-controlled areas
  • Location serves the Precision Glass retail outlets in Fort Wayne, Indiana, and Battle Creek, Michigan
  • Established in 2012, Precision Glass is a contract glazing company specializing in commercial and residential services

OVERVIEW

SALE-LEASEBACK OPPORTUNITY: Fee-simple interest in the fabrication/distribution/corporate headquarters occupied by Precision Glass & Glazing, LLC on Kalamazoo’s southeast side. Located on S. Sprinkle Rd., between I-94 and the I-94 Business Loop, this offering consists of ±18,720 SF of industrial improvements situated on ±1.66 acres of land – with a new 10-year net lease to be executed before closing. The facility includes ±5,376 SF of office space and ±13,344 SF of warehouse/shop space featuring state-of-the-art equipment and climate-controlled areas that serve the Precision Glass retail outlets in Fort Wayne, Indiana, and Battle Creek, Michigan. Established in 2012, Precision Glass is a contract glazing company specializing in commercial and residential services. Built on superb customer service, with few competitors and unlimited growth opportunities, Precision Glass is a quality company in a well-positioned, stable Midwest market. Sale subject to Tenant in possession. Contact Broker for investment/property specifics.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

7.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

SALE/LEASEBACK OPPORTUNITY - PRECISION GLASS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.66

LAND SF

72,310

ZONING

CC

APN/PARCEL ID

06-25-434-001

ASK ABOUT THIS PROPERTY

Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

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Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

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