700 S Hosmer St - Warehouse FOR SALE
Lansing, MI 48912 |
$4,217,214 USD
248-536-2888
700 S Hosmer St
Lansing, MI 48912
HIGHLIGHTS
- New Five (5) Year Net Lease with Two (2) Three (3) Year Options to Renew.
- Tenant Has 100’s of Locations Across North America and a Net Worth Between $4-5 Billion Dollars!
- Tremendous Location at the Pennsylvania/I-496 Interchange (Exit 7).
- Large Showroom, Customer Will Call Area, and Offices Recently Remodeled.
- Dock Shelters, Load Levelers, and Paved, Lit, Drained, & Fenced Yard.
OVERVIEW
700 S Hosmer Road in Lansing, Michigan is a 51,340 SF fully leased distribution center. 700 S Hosmer serves as their main distribution center
in Michigan which supplies their Midland, Ann Arbor, Kalamazoo and Grand Rapids locations. Tremendous Location at the Pennsylvania/I-496 Interchange (Exit 7).
FOR SALE DETAILS
PRICE
$4,217,214 USD
PRICE/SF
$82 USD /SF
CAP RATE
6.55%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Builders & Plumbing Supply Co.
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Food Processing, Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
UTILITIES
Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas
CLEAR CEILING HT
-
DOCKS
16
DRIVE INS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
4.26
LAND SF
185,770
ZONING
Industrial
APN/PARCEL ID
01-01-15-351-033
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248-536-2888
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248-536-2888
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