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701 E South St 90,120 SF 100% Leased Industrial Building Lansing, MI 48910 $3,990,000 ($44.27/SF) 11.07% Cap Rate
EXECUTIVE SUMMARY
Potters Mill Industrial Flex Center sits on just under 5 acres, includes 105,000 SF on 2.5 levels with a diversified rent role. From 2016-2019 70% of the property was fully renovated and demised into to the suites contained in this offering. All new windows, roof, mechanicals and concrete floors.
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 01-01-22-151-111 | Improvements Assessment | $1,322,200 |
| Land Assessment | $134,800 | Total Assessment | $1,457,000 |
PROPERTY TAXES
Parcel Number
01-01-22-151-111
Land Assessment
$134,800
Improvements Assessment
$1,322,200
Total Assessment
$1,457,000
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701 E South St
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