5168 S. Saginaw
Industrial
for Sale
| Catylist Listing ID: |
30785556 |
| Property Subtypes: |
Free-Standing, Light Industrial
|
| Building Size (RSF): |
7,536 SF
|
| Gross Land Area: |
1.60 Acres
|
| Sale Price: |
$450,000 |
| Unit Price: |
$59.71 PSF |
| Ceiling: |
16 ft. / 14 ft. Clear |
| Office SF: |
2,500 SF |
| Drive In Bays: |
2 Bays |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/30/2023 |
Overview / Comments
|
Great Modified Net Leased investment. Tenant has put lots of new TI into the deal. New roof in 2023 and lease extension.
|
Additional Details
| Nearest MSA: |
Flint |
| County: |
Genesee |
| Tax ID/APN: |
12-05-100-015 |
| Zoning: |
GC |
| Market Type: |
Large |
| Side of Street: |
West |
| Road Type: |
Paved |
| Transportation: |
Bus |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Year Built: |
1974 |
| Year Renovated: |
2014 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Overhead Cranes: |
Undisclosed |
| Heat Type: |
Electricity |
| Heat Source: |
Baseboard, Central |
| Air Conditioning: |
Engineered System |
| Lighting: |
Fluorescent, High Pressure Sodium |
| Lot Frontage: |
115 |
| Lot Depth: |
345 |
| Easements: |
Other |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,391 |
64,650 |
139,205 |
| Median Age: |
36.19 |
36.51 |
36.82 |
| Households: |
3,237 |
27,090 |
56,682 |
|
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|
