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Sesame Solar Headquarters 1041 Hurst Rd 37,944 SF Industrial Building Jackson, MI 49201 $2,786,256 CAD ($73.43 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • LONG TERM NNN LEASE WITH INDUSTRY REVOLUTIONIZING “GROWTH STAGE” TENANT PRIMED FOR CREDIT ENHANCING ACQUISITION
  • “STICKINESS” FACTOR: MISSION CRITICAL “HQ” FACILITY | SYNERGISTIC ENERGY INDUSTRY HUB
  • THRIVING SUBMARKET – LOW VACANCY, SCARCE SUPPLY, STRONG RENT GROWTH
  • ATTRACTIVE BASIS – 31% BELOW MARKET RENT – PRICED WELL BELOW REPLACEMENT COST & “DARK” VALUE
  • RECENT (2024) $150,000 + BUILDING CAPITAL UPGRADES + SOLID INDUSTRIAL REAL ESTATE FUNDAMENTALS & TRADE AREA LOCATION

EXECUTIVE SUMMARY

CBRE, as exclusive advisor to Owner, is pleased to present the opportunity to acquire the fee-simple interest in a ±37,944 SF single tenant NNN leased industrial property on a 4.08-acre site including a fenced IOS (industrial outdoor storage) yard. The property is recently improved with over $150,000 of cap-ex and is 100% leased to Sesame Solar, a privately held Renewable Energy & Power Generation company that is revolutionizing the self-generating, off-grid, mobile power deployment with their proprietary innovative Mobile Nanogrids. The company has garnered substantial recognition, awards, and notable customers such as the U.S. Military (Air Force and Army), major telecommunications companies like Comcast and Cox Communications, and various government and emergency management agencies [see Tenant Profile Section]. The facility serves as a mission critical manufacturing and distribution headquarters for the company within the thriving low vacancy (2.4%) / scarce supply industrial submarket of Jackson, MI.

Investment Highlights
LONG TERM NNN LEASE WITH INDUSTRY REVOLUTIONIZING “GROWTH STAGE” TENANT PRIMED FOR CREDIT ENHANCING ACQUISITION

— Sesame Solar, a privately held Renewable Energy & Power Generation company that is revolutionizing the self-generating, off-grid, mobile power deployment with their proprietary innovative Mobile Nanogrids.

— 5 to 10 years from founding is the prime acquisition window for most renewable energy companies. Founded in 2017, Sesame Solar is well positioned “growth stage company” and a likely candidate for acquisition by a larger energy company, private equity firm, or major corporation which represents a credit / property value enhancement opportunity during the hold period.

ATTRACTIVE BASIS – 31% BELOW MARKET RENT – PRICED WELL BELOW REPLACEMENT COST & “DARK” VALUE

— Priced at $1,996,000 ($53/SF), the property is projected be ± 60% below replacement cost. The current rental rate is 31% below market growing to 32% below market at the time of Fair Market Value renewal option in August of 2031.

“STICKINESS” FACTOR: MISSION CRITICAL “HQ” FACILITY | SYNERGISTIC ENERGY INDUSTRY HUB

— Sesame Solar specifically identified the subject Jackson, MI property in 2024 as a “mission critical” manufacturing / warehouse facility for their proprietary mobile nano-grids. The company has invested substantially in highly specialized / state-of-the-art manufacturing equipment into the space to date.

— Jackson, MI is a hub for energy industry activity, notably as the headquarters for Consumers Energy, a major Michigan utility company. The city is also the location of significant renewable energy projects. Furthermore, Jackson County is undertaking a large-scale energy efficiency and modernization project with federal support (source: Jackson Chamber of Commerce).

RECENT (2024) $150,000 + BUILDING CAPITAL UPGRADES + SOLID INDUSTRIAL REAL ESTATE FUNDAMENTALS & TRADE AREA LOCATION

— Current Ownership recently invested over $150,000 in recent capital improvements into the building in 2024, the building is highly upgraded and well maintained. Notable property upgrades / improvements.

— The buildings I-94 and M-60 adjacent location provide quick and convenient access to the Michigan interstate network connecting the site to the greater Midwest and beyond.

THRIVING SUBMARKET – LOW VACANCY, SCARCE SUPPLY, STRONG RENT GROWTH

— As of Q4 2025, Jackson’s vacancy rate was a mere 2.4% with only 40,000 SF currently Under Construction and robust 5.1% average annual rent growth over the past 5 years.

PROPERTY FACTS

Price $2,786,256 CAD
Price Per SF $73.43 CAD
Sale Type Investment NNN
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 4.08 AC
Rentable Building Area 37,944 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 1.71/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes
Zoning I-1 - Light Industrial District

AMENITIES

  • Signage
  • Skylights

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000-08-31-304-006-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$686,095 CAD
  • Listing ID: 38667728

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 1041 Hurst Rd, Jackson, MI 49201

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