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55905 92nd Ave 63,148 SF 100% Leased Industrial Building Dowagiac, MI 49047 $2,650,000 ($41.96/SF) 6.46% Cap Rate
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
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating - Gas
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Securit
- Manufacturing
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Securit | Manufacturing | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
1 1
Property Taxes
| Parcel Number | 80-10-032-004-01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $724,400 |
Property Taxes
Parcel Number
80-10-032-004-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$724,400
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55905 92nd Ave
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