2211 Tyson St, Jackson MI Listing Details & Market Data

2211 Tyson Street, Jackson, MI 49203

  • For Sale $3,500,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 194,475 SF
  • Units 3
  • Lot Size 5.45 Acre
  • Year Built 1924
  • Year Renovated 1924
  • Date Updated Apr 12, 2024
  • HVAC None
0953 0959 LOTS 1 THRU 15 INCL BLK 27 ALSO LOTS 1 THRU 11 & THE N 10 FT OF LOTS 12 & 13 BLK 28 E ADD NO 5Stable, cash flowing asset primarily occupied by CertainTeed, a global manufacturer of building supply materials. Asset provides predictable income with an upside of 15% vacancy and operating expense management. CertainTeed pays for cartage services from their Jackson plant to Falahee and Tyson Street warehouses. Average base rent is $3.51 per square foot, market rent in Jackson in Q 1 2023 is $5.70 per square foot.

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Attachments

Highlights

  • NOI upside potential
  • CertainTeed - strong anchor tenant with long history of occupancy
  • Average Rent of $3.51 psf is below market
  • Recent investments in partial roof replacement, interior sprinkler update is underway

Contacts

broker

Harry Cohn

SVN | Cohn Commercial Properties

(248) 818-0010

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (59)

  • Bike Score ®

    Somewhat Bikeable (42)
Powered by Walk Score ®
  • City Jackson, MI
  • Zip Code 49203
  • Market Detroit

Points of Interest

  • Jackson

    1.21 miles

  • Center Station: Historical (Non-Operating) Train Station

    2.81 miles

  • Sunoco

    0.19 miles

  • Admiral

    0.22 miles

  • BP

    0.39 miles

  • Marathon

    0.46 miles

  • ChargePoint

    0.87 miles

  • Meijer

    0.90 miles

  • Speedway

    1.02 miles

  • Marathon

    1.38 miles

  • Valero

    1.47 miles

  • Clipper Creek

    1.65 miles

  • Cooper Street Deck

    1.30 miles

  • Lot B

    1.40 miles

  • Lot A

    1.43 miles

  • car parking

    6.10 miles

  • truck parking

    6.11 miles

  • Dahlem Center

    6.60 miles

  • Shooting Range Parking

    7.18 miles

  • Upper Parking Lot

    7.28 miles

  • Lower Parking Lot

    7.42 miles

  • truck parking

    8.34 miles

  • Kroger

    0.56 miles

  • Meijer

    0.91 miles

  • ALDI

    2.65 miles

  • Big Lots

    2.69 miles

  • Kroger

    2.73 miles

  • Target

    2.79 miles

  • Jackson Crossing Mall

    2.95 miles

  • Kohl's

    2.97 miles

  • Walmart Supercenter

    2.98 miles

  • Westwood Mall

    3.08 miles

Contact Listing Broker

broker

Harry Cohn

SVN | Cohn Commercial Properties

(248) 818-0010