1200 Durant Dr | Howell, MI 48843
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- LoopNet Team
1200 Durant Dr
Howell, MI 48843
Renovated Facility in I-96 Industrial Hub · Industrial Property For Sale
Investment Highlights
- Turnkey industrial facility with heavy 3-phase power, a 29-foot clear height, pneumatics, a drive-in door, and two 25-ton bridge cranes.
- Placed along the main corridor connecting Detroit, Lansing, and Grand Rapids, with immediate access to Interstate 96 and Michigan Highway 59.
- Easy access to local shopping and dining amenities in Downtown Howell and dozens of industry-leading retailers at the Kensington Valley Outlets.
- Extensive CapEx ($111,000) since 2022, including painting, evaporation tank heaters, chrome tank heaters, air unit heaters, and plant plumbing.
- Value-add potential in a tight industrial submarket, with vacancies of 2.8%, YOY rent growth of 2.8%, and five-year annual average rent growth of 5%.
- Robust industrial workforce, with a growing population and more than 33% of daytime employees within 10 miles working in blue-collar industries.
Property Facts
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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