Available For Sale - Industrial , Warehouse

8,000 SF | Show Pricing $

LISTED BY

Matthew Wisniewski
RE/MAX Commercial Group,

AVAILABILITY DETAILS

Size
8,000 SF
Price/SF
Show Pricing $
Listing ID
SA533022
Notes
Welcome to 3405 N East Street, a prime industrial warehouse property situated on .721 acres across two spacious lots. This versatile building offers 8,000 square feet of functional space, making it an ideal investment opportunity.



Key Features:



Industrial Warehouse: The building boasts a robust industrial design, perfect for various business needs.

Fully Leased: Currently, this property is a 3-tenant investment, fully leased and generating gross rents of $54,000 per year.

Impressive Cap Rate: With an 11% cap rate at the asking price, savvy investors will appreciate the solid returns.

Convenient Overhead Doors: The property features four overhead doors, ensuring easy access for loading and unloading.

High-Traffic Location: Positioned on bustling N East Street, this property enjoys excellent visibility and accessibility.

Corner Lot: Situated at the corner of Frederick Street, it offers maximum exposure for your business.

Whether you’re expanding your portfolio or seeking a reliable income stream, 3405 N East Street is a smart investment choice. Don’t miss out on this opportunity to own a thriving commercial property in Lansing’s vibrant North side!
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Matthew Wisniewski, RE/MAX Commercial Group