827 Moll Dr - Manufacturing FOR SALE


Boyne City, MI 49712
$2,100,000 USD
248-848-4109
827 Moll Dr, Boyne City, MI for Sale
$2,100,000 USD
Manufacturing - FOR SALE
1/7
null | 7.7% Cap Rate

827 Moll Dr
Boyne City, MI 49712


HIGHLIGHTS

  • New parking lot installed on north side of building & new LED motion lights in 2016.
  • Adjacent to 43 Acre Magna-LexaMar Manufacturing Plant.
  • North side of building features one dock door and two overhead doors.
  • South side of building features four dock doors and one overhead door.
  • Total site area of ±6.50 acres gives ample space for parking and outdoor storage.
  • Within a 3 mile radius, there are 530k SF of industrial properties with a vacancy rate of 0% indicating limited supply and sustained demand.

OVERVIEW

NN Lease - Landlord Responsible for Roof, Parking Lot, Taxes. New roof installed in 2019 with 15 year warranty in place.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

9

LAND DETAILS

LAND ACRES

6.72

LAND SF

292,801

ZONING

-

APN/PARCEL ID

05130601410

ASK ABOUT THIS PROPERTY

Derek DeLauraFriedman Real EstateMore Info
248-848-4109

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Derek DeLauraFriedman Real EstateMore Info
248-848-4109

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