Log In/Sign Up
Your email has been sent.
Sherwin Williams 1405 Keystone Ave 12,647 SF Industrial Building Lansing, MI 48911 $2,045,562 CAD ($161.74 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Sherwin Williams Has Operated At The Site Since 2006 and Currently Has 5+ Years of Lease Term Remaining
- Double Net Lease (NN) Minimal Management Responsibilities Required
- Located off South Pennsylvania Avenue - Over 18,500 Vehicles/Day
- Location Operates as a Sherwin-Williams Commercial Paint Store: High-Volume, Recession-Resistant Business Model Driven by Professional Relationships
- 5 Mile Population Surrounding the Investment Property Exceeds 146,000
Executive Summary
Sherwin Williams Has Operated At The Site Since 2006 and Currently Has 5+ Years of Lease Term Remaining
Property Facts
| Price | $2,045,562 CAD | Rentable Building Area | 12,647 SF |
| Price Per SF | $161.74 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1979/2006 |
| Cap Rate | 7.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.16/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.02 AC | ||
| Zoning | I HVY | ||
| Price | $2,045,562 CAD |
| Price Per SF | $161.74 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.02 AC |
| Rentable Building Area | 12,647 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1979/2006 |
| Tenancy | Single |
| Parking Ratio | 3.16/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I HVY |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $447,594 CAD | |
| Land Assessment | $44,896 CAD | Total Assessment | $492,491 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$44,896 CAD
Improvements Assessment
$447,594 CAD
Total Assessment
$492,491 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Sherwin Williams | 1405 Keystone Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.