This Industrial Property is Off-Market.

741 Waverly Court
Holland, MI 49423 ·

31,200 SF · Industrial For Sale

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GLW Finishing

Price N/A Cap Rate 10.24%
Building Size 31,200 SF Occupancy 100%
Property Type Industrial Tenancy Single
Property Sub-type Manufacturing Lot Size 2.30 SF
Property Use Type Net Lease Investment with 9 years left on lease Features
  • Trailer Parking
  • Electricity/Power - 480 - 3 phase
  • Sprinklers
Commission Split 2.75%
Listing ID: 15654629 Date Created: 04/08/2008 Last Updated: 12/22/2008

Description

Lower asking price than most vacant industrial buildings sell for.

Marcus & Millichap is pleased to present this 31,200 SF flex facility located in the heart of the manufacturing corridor in the city of Holland, Michigan. The building is located in an industrial park that was constructed from 1998 - 2003. The building is situated on 2.30 acres and was constructed in 1996 and expanded in 2002 to suit the needs of the tenant. The property is 100% occupied by GLW Finishing, LLC with ten (10) years remaining on a NNN lease with fixed increases. The Tenant has the option to cancel the lease at the end of every 2009 and every two years thereafter.

This facility is located with great access to US-31 and I-196 near the Haworth Headquarters, Tiara Yachts, Johnson Control, Magna Donnelly, the Holland Airport and many other manufacturing companies.

Utilities

  • Trailer Parking
  • Electricity/Power - 480 - 3 phase
  • Sprinklers

Research

741 Waverly Court, Holland, MI 49423 (Ottawa County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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