380 W Western
Muskegon, MI 49440 ·
10,400 SF · Office For Sale
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 Sub-type||Office Building||Tenancy||Single|
|Listing ID: 16654280||Date Created: 04/20/2010||Last Updated: 09/11/2012|
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.
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