This Office Property is Off-Market.

380 W Western
Muskegon, MI 49440 ·

10,400 SF · Office For Sale

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380 W Western

Price N/A Property Use Type Net Lease Investment with 10+ years left on lease
Building Size 10,400 SF Cap Rate 8%
Property Type Office Occupancy 100%
Property Sub-type Office Building Tenancy Single
Listing ID: 16654280 Date Created: 04/20/2010 Last Updated: 09/11/2012

Description

Kwekel Companies presents an exceptional Investment Sale offering. EarthTronics owns the entire top floor of the newly constructed Hines Building in the tax-free Renaissance Zone in downtown Muskegon, Michigan. EarthTronics will leaseback their space (10,400SF) with a new 10 year, 8.00% CAP, Absolute Net lease. Overlooking Muskegon' s revitalized CBD, the new building is also home to the Muskegon Area Chamber of Commerce and is a LEED certifi ed structure. EarthTronics is an environmentally friendly company that produces energy-efficient light bulbs, fixtures, ballasts, electric motors, wind turbines, medical equipment and other consumer electronics that maximize efficiency while minimizing the impact on our environment. EarthTronics is a subsidiary of the Hengdian Group, a multi-billion dollar privately held Chinese transnational conglomerate.

Location: 380 W. Western Ave., Muskegon, MI 49440

Directions: West on I-96 to US-31, North on US-31 to Apple Ave. (M-46), West on Apple Ave. to 1st St., 1st St to W. Western, South on W. Western to property.

Research

380 W Western, Muskegon, MI 49440 (Muskegon County)

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