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2510 Snow Rd 270,000 SF 100% Leased Industrial Building Lansing, MI 48917 For Sale
Investment Highlights
- Fully leased to long-term quality tenants
- Located in Greater Lansing's strongest industrial submarket
- 60 dock doors, 4 overhead doors
Executive Summary
Institutional quality asset comprising 270,000 SF of industrial space on 24.58 acres. The property is fully leased to two tenants: Palmer Donavin, a wholesale distributor of building supplies, and TemperPack, a sustainable packing company. Both tenants signed 10-year market rate leases at the property. Building amenities include 60 dock doors, 4 grade-level doors, 22-24' ceilings and heavy power. The property benefits from its location in Greater Lansing's premier industrial submarket, with only 1.5% recorded vacancy. Surrounding industrial includes Meijer (3+ Million SF), Amazon (1.1 Million SF), Ultium Cells (2.8 Million SF), and GM (3.6 Million SF Delta Twp. Plant and 3.4 Million SF Grand River Plant). No speculative construction is underway in the submarket, reinforcing the strength and stability of the local market. Call list agent for details.
Property Facts
Amenities
- Signage
Utilities
- Lighting - Halogen
- Heating - Gas
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 040-026-200-127-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,718,700 |
Property Taxes
Parcel Number
040-026-200-127-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,718,700
Contacts
-
Christopher Miller -
Van Martin -
CBRE | Martin, Part of the CBRE affiliate network
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