4808 Empire Way - Warehouse FOR SALE


Lansing, MI 48917
$5,440,000 USD
517-351-2200
4808 Empire Way, Lansing, MI for Sale
$5,440,000 USD
Warehouse - FOR SALE
1/6
null | 7.35% Cap Rate

4808 Empire Way
Lansing, MI 48917


HIGHLIGHTS

  • Fully occupied with long-term lease

OVERVIEW

Outstanding industrial investment opportunity @ a 7.35% cap rate. The 50,000 SF building includes 2,248 SF office and 47,665 SF warehouse on 4.23 acres. TFT Global, Inc. (www.tftglobal.com) has entered into a long-term lease for the property, and it serves as a sequencing center for door panels provided to GM Delta Assembly plant, which is only 3 miles from the property. Call agent for confidential offering memorandum.

FOR SALE DETAILS

PRICE

$5,440,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

UTILITIES

-

CLEAR CEILING HT

25 Ft

DOCKS

6

DRIVE INS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

4.23

LAND SF

184,259

ZONING

I-Industrial

APN/PARCEL ID

04008480017001

ASK ABOUT THIS PROPERTY

Van MartinMartin Commercial PropertiesMore Info
517-351-2200

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Van MartinMartin Commercial PropertiesMore Info
517-351-2200

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