Active For Sale Industrial

PRICE REDUCED, NNN Leased Investment Opportunity - 7 CAP with upside potential

4364 W North Down River Rd, Grayling, MI, 49738

ID d0c2e4d2

Overview

Current long-term tenant with 4 years remaining on existing Lease and a 3-year option to renew. Long-term Tenant is one of the largest door manufacturers in the United States. Taxes and insurance are the tenant's responsibility. Total SF is 21,102 SF. The primary building is 18,350 SF with 660 SF of office space. The main building has two 10' x 12' overhead doors, truckwell and 440V, 3-phase power. Property is zoned C-2. Building 2 is 1,920 SF, and Building 3 is 832 SF. Both are vacant, providing upside potential.

Additional Information

City
Grayling
State
MI
Zip Code
49738
Primary Uses
Industrial
Secondary Uses
Warehouse/Distribution
Zoning
C-2
Building Class
C
# of Buildings
3
Floors
1
Year Built
1,999
Minimum Ceiling Height
12
Warehouse SF
20,442 SF
Office SF
660 SF