Historical Office Sale Listing - 380 W Western

Office For Sale

This Office property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Office For Sale, Muskegon, MI or Michigan

380 W Western

380 W Western, Muskegon, MI 49440

N/A

10,400 SF | Office

  • Print

Office Property - Off Market

Price:
N/A
Building Size:
10,400 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
8%
Occupancy:
100%
Tenancy:
Single
Listing ID
16654280
Last Updated
over 1 year ago

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.

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

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

  • Demographics – Population, income & other demographics near 380 W Western
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building