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18785 S Oakley Rd

47,042 SF Industrial Building Oakley, MI 48649 $1,881,680 ($40/SF)

Warehouses Michigan Oakley 18785 S Oakley Rd, Oakley, MI 48649

Investment Highlights

  • Standalone net-leased investment with remaining term with strong annual increases.
  • Mid-sized, clear-span building with dock and grade loading.
  • Located in between Lansing and Saginaw with additional land.

Executive Summary

Leased to HERITAGE LANDSCAPE SUPPLY GROUP,INC with a corporate guarantee through November 3, 2027. Annual Base Rent: $210,045. Two (2) five (5) year renewal options.

Attachments

Oakley_18785 Oakley Rd

Property Facts

Price $1,881,680 No. Stories 1
Price Per SF $40 Year Built 1970
Sale Type Investment NNN Tenancy Single
Property Type Industrial Parking Ratio 0.64/1,000 SF
Property Subtype Warehouse Clear Ceiling Height 15 FT
Building Class C No. Dock-High Doors/Loading 3
Lot Size 7.96 AC No. Drive In / Grade-Level Doors 5
Rentable Building Area 47,042 SF
Price $1,881,680
Price Per SF $40
Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 7.96 AC
Rentable Building Area 47,042 SF
No. Stories 1
Year Built 1970
Tenancy Single
Parking Ratio 0.64/1,000 SF
Clear Ceiling Height 15 FT
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 5

Amenities

  • Air Conditioning

Utilities

  • Water
  • Sewer
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 07093300709000
  • 07093300701001
 Improvements Assessment $0 (2023)
Land Assessment $0 (2023) Total Assessment $596,900 (2023)

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07093300709000
  • 07093300701001
Land Assessment
$0 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$596,900 (2023)

zoning

Zoning Code L-1 (Light Industrial)
L-1 (Light Industrial)
(248) 358-6114

Contacts

  • Listing ID: 33536159

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 18785 S Oakley Rd, Oakley, MI 48649

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18785 S Oakley Rd, Oakley, MI for sale Building Photo- Image 3 of 5
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18785 S Oakley Rd
(248) 358-6114 x

18785 S Oakley Rd

1/2

Conner Salsberry

(248) 358-6114

(248) 358-6114

Craig Herschel

(248) 358-6100

(248) 358-6100

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