Tecumseh Products Site Orbitec Building

Industrial for Lease
Catylist Listing ID: 30214260
Property Subtypes: Cold Storage, Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Truck Terminal, Warehouse/Distribution
Contiguous Space: 10,000 - 160,000 SF
Building Size (RSF): 160,000 SF
Gross Land Area: 50 - 55 Acres
Lease Rate: $3.50 - 5.50 PSF (Annual)
Lease Types: NNN
Ceiling: 19 - 24 ft.
Docks/Doors: 5 Docks, 2 Doors
Office SF: 2,500 SF
Drive In Bays: 2 Bays
Building Name: Tecumseh Products
Usable Size (USF): 160,000 SF
Last Updated: 8/17/2018

Overview / Comments

Very attractive lease rates for long term qualified tenants total of 160,000 SF available. The Orbitec building was constructed in the 1990s and is in good condition, also the office building at the corner of Patterson and Ottawa could be occupied as well. Shell of building in good condition. New heating, lighting, and electrical to be installed to meet new tenant requirements. 21' ceiling. Ceiling heights range from 12' to 21'.

Expand All Available Space

Suite: 1 160,000 SF $3.50 - 5.50 PSF (Annual) NNN
Level/Floor: 1st
Space Available: 160,000 SF
Minimum Divisible: 10,000 SF
Lease Rate: $3.50 - 5.50 PSF (Annual)
Lease Type: NNN
Space Description: Approximately 93,000 sf high bay approximately 21 foot under truss, lower ceiling is 14' 6". There are three different ceiling heights.
Space Subcategory: Warehouse/Distribution, Manufacturing
Date Available: 2/1/2018
Lease Term: 60 Months
Space Type: Relet
Kitchen Yes
Parking Spaces 500
Rent Escalators Other
Rent Escalators Description Negotiable
Ceiling 24 ft. / 19 ft. Clear
Loading Docks 5
Loading Doors 2
Drive In Bays 2
Office Space 2,500 SF

Additional Details

Nearest MSA: Adrian
County: Lenawee
Taxing Authority: City of Tecumseh
Tax ID/APN: XTO-325-0241-00
Zoning: I-1 INDUSTRIAL
Market Type: Small
Property Located Between: Evans and Maumee
Side of Street: South
Road Type: Paved
Highway Access: US-23 15 minutes East, I-94 30 Minutes North
Airports: DTW 50 minutes Northeast
Site Description: The site is the former Tecumseh Products Plant. It is being renovated and will be built out with a large industrial area with up to 5 build-to-suit buildings. The site will also include office/retail/restaurant mixed buildings, larger professional buildings, and manicured green spaces.
Area Description: Site is located 1/2 mile from a State Highway, and 15 minutes from US-23. It is just south of the Historic Downtown District. Tecumseh and Lenawee County have workers eager for manufacturing and industrial jobs.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1994
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Metal Siding
Parking Type: Surface
Total Parking Spaces: 200
Column Spacing: Varies
Overhead Cranes: Undisclosed
Internet Access: Cable
Zoning Description: Heavy Industrial
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,027 15,835 21,322
Median Age: 37.29 40.38 40.69
Households: 2,127 6,262 8,287

Contact

Photograph of Listing Agent

Patrick J. Hoffman, CCIM

Hanna Commercial CPIX Member
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