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18785 S Oakley Rd

47,042 SF Industrial Building Oakley, MI 48649 $2,667,225 CAD ($57 CAD/SF)

Investment Highlights

  • Standalone net-leased investment with remaining term with strong annual increases.
  • Mid-sized, clear-span building with dock and grade loading.
  • Located in between Lansing and Saginaw with additional land.

Executive Summary

Leased to HERITAGE LANDSCAPE SUPPLY GROUP,INC with a corporate guarantee through November 3, 2027. Annual Base Rent: $210,045. Two (2) five (5) year renewal options.

Property Facts

Price $2,667,225 CAD
Price Per SF $57 CAD
Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 7.96 AC
Rentable Building Area 47,042 SF
No. Stories 1
Year Built 1970
Tenancy Single
Parking Ratio 0.64/1,000 SF
Clear Ceiling Height 15 ft
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 5

Amenities

  • Air Conditioning

Utilities

  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07093300709000
  • 07093300701001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$870,948 CAD

zoning

Zoning Code L-1 (Light Industrial)
L-1 (Light Industrial)
  • Listing ID: 33536159

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: 18785 S Oakley Rd, Oakley, MI 48649

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