100 Industrial Drive

Industrial for Sale
Catylist Listing ID: 30507262
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing
Building Size (RSF): 123,550 SF
Gross Land Area: 29.33 Acres
Sale Price: $4,100,000
Unit Price: $33.18 PSF
Ceiling: 34 ft. / 26 ft. Clear
Docks/Doors: 9 Docks, 2 Doors
Office SF: 18,550 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 123,550 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2019

Overview / Comments

The property is a 123,550 square foot industrial building that was built in 1991. The building has approximately 15.0% office space while the warehouse has a clear height of 20-26' and includes 2 grade doors/9 docks. The warehouse is fully air conditioned. The building is clean and will soon be ready for immediate occupancy.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $96,574 (Annual)
Assessed Value - Total($) $1,935,600 (Annual)

Additional Details

Nearest MSA: Adrian
County: Lenawee
Tax ID/APN: XA0-352-0030-00
Zoning: I-1
Highway Access: M-34 and US-223
Site Description: The site consists of 29.33 acres with frontage along Industrial Drive. The site is irregularly shaped and slightly rolling. The land is zoned industrial.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 123,550 SF
Property Condition: Good
Year Built: 1991
Roof Type: Gable
Construction/Siding: Brick, Concrete, Metal/Glass
Parking Type: Surface
Parking Description: Asphalt paved open parking
Eave Height: 22
Column Spacing: 60x25
Overhead Cranes: Undisclosed
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: LED
Internet Access: Cable, DSL, Satellite, Fiber Optic
Zoning Description: Light Industrial
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,742 27,394 39,282
Median Age: 32.37 35.92 37.39
Households: 1,929 10,268 13,856

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