Price: $ 4,194,000.00
Square Ft.: 64518
Price/SQFT: $ 65.01

Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.

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Basic Features:

Listing # 1917267
City: Traverse City
State: MI
Zip: 49685
Area: Grand Traverse
Neighborhood:
Acres: 2.9
Square Ft: 64518

Additional Features:

Basement: Poured Concrete	Location: Freestanding
Business Included: No	Lot:
Business Name: SMI building	Miscellaneous:
Construction: Steel	Documents:
Zoning: Industrial,Commercial,Manufacture/Warehouse	Possession: Subject to Tenants Rights
Deeded Water: No	Property Status: Active
Dimensions: irregular	Real Estate Included: Yes
Directions: Turn east off of Cass 1.5 miles south of the S. Airport / Cass intersection onto Cass Hartman Ct. 1867 (Skilled Manufacturing) will be the last building on your right.	Remodeled: 2013
Days On Market: 192	Road Frontage: Public Maintained
Days On MLS: 192	Roofing: Metal/Steel
ECO Features: No	For Sale Or Lease: For Sale
Extras: Overhead Door(s),Loading Dock(s),3-Phase Electric,Sprinkler System,Mezzanine,Air Compressor,22ft Cei	For Sale Or Rent: For Sale
Financing:	Special Assessment:
Floor Type:	Township: Garfield
Heating/Cooling: Natural Gas	Vacant: No
Heating/Cooling Type: Forced Air,Wall,Central Air,Other,Space Heater	Water:
Inventory Included: No	Year Built: 1977
Licenses: None

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Listing courtesy of Coldwell Banker Schmidt-522
522 E Front St , Traverse City , MI 49686