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Rare opportunity to acquire a fully leased, single tenant, industrial building in the West Michigan area. The facility is in excellent condition and features a nice compliment of open and private office area as well as high bay, warehouse space. The facility features two overhead doors, 1 loading dock and ample parking. The location of the building Norton Shores offers unparalleled access to the Lakeshore area and is well positioned from a location perspective that will deliver an investor excellent returns for many years into the future. The facility was recently upgraded with new lights and has been extremely well maintained. The building has a significant level of electrical power capacity given its size offering a wide variety of uses for many years to come down the road.
TERMS: Cash, New Mortgage
INDIV ELECTRIC METER: Yes.
INDIV GAS METER: Yes. - Area description: DIRECTIONS: US-31 to Pontaluna; Pontaluna West to Grand Haven Road; Grand Haven Road North to North Gateway; East to property. - Tenancy: Single Tenant
|American Athletics Furniture Store General Contractor Home Goods Store Store|
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Most listings are in the $10's per square foot per year. The Norton Shores region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.
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