Industrial for Sale
Catylist Listing ID: 30181306
Property Subtypes: Net Leased
Building Size (RSF): 58,707 SF
Gross Building Area: See Agent
Sale Price: $0
Unit Price: $0 PSF
Property Use Type: Investment
Building Name: Autocam
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 2/27/2018

Overview / Comments

The subject opportunity is a 58,707 square foot industrial facility leased on a NNN basis to Autocam Corporation through December 2023. The Autocam rent is $2.65 psf plus $2.66 psf annually in TI amortization payments for a total of $5.31 psf, with $.04 psf escalations each January 1. Approximately $1,269,000 in tenant improvements were invested into the building, including the new roof which was completed in 2014.

Additional Details

Nearest MSA: Battle Creek
County: Calhoun
Tax ID/APN: cpixtax
Property Located Between: E. of I-96
Tenancy: Single Tenant
Total Number of Buildings: 1
Roof Type: Other
Construction/Siding: Other
Parking Type: Surface
Parking Description: Ample
Overhead Cranes: Undisclosed
Sprinklers: Other
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 831 8,473 14,871
Median Age: 45.3 41.83 42.62
Households: 351 3,632 6,077
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