Description
Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 6 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres
$1,888,000
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0BEDS
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7.3ACRES
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0BATHS
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01/2 BATHS
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63,148SQFT
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$30$/SQFT
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:
Zoning:
Other
Lot Size Dimensions:
Irregular
Description
Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 6 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres
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IDX provided courtesy of Realcomp II Ltd., via O'Brien Real Estate: (269) 381-6470 and Greater Kalamazoo AOR MLS, ©2025 Realcomp II Ltd. Shareholders.