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55905 92nd Ave
Dowagiac, MI 49047
Industrial Property For Sale

Investment Highlights

  • Triple net lease. Long term stable tenant (Securit Metal Products Co.) with yearly rent increases. Sale includes 2 properties-55905 92nd & 52366 M-51N

Executive Summary

NNN lease thru 2039 with 2% annual increase. Long term, established business tenant

Property Facts

Sale Type Investment
Cap Rate 6.46%
Property Type Industrial
Property Subtype
Distribution
  • Industrial Refrigeration ColdStorage
  • Industrial Warehouse
Lot Size 7.30 AC
Rentable Building Area 63,148 SF
No. Stories 1
Year Built 1955
Zoning industrial - Industrial

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating - Gas

Property Taxes

Property Taxes

Parcel Number
80-10-032-004-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$724,400
  • Listing ID: 33857038

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 55905 92nd Ave, Dowagiac, MI 49047

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