W. Grand River Ave - 1492

Industrial for Sale
Catylist Listing ID: 30197488
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 51,780 SF
Gross Building Area: See Agent
Gross Land Area: 0.54 - 7.05 Acres
Sale Price: $1,500,000
Unit Price: $28.97 PSF
Property Use Type: Investment
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 5/10/2018

Overview / Comments

*Current owner will lease back front building of 32,000 SF for
$3.25 PSF Gross plus Utilities for a term of 5 Years
*3 Total Buildings
1 - 32,000 SF
2 - 16,000 SF
3 - 3,780 SF
*3 Parcels - Total Acreage 7.05
.543 AC
3.01 AC
3.497 AC

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33-18-07-03-226-002
Property Located Between: On Grand River Ave, east of Zimmer Rd.
Overhead Cranes: Undisclosed

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,143 7,300 23,913
Median Age: 36.7 40.94 42.6
Households: 1,239 2,877 9,274
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.