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1961 Base Ave 111,447 SF Industrial Building Springfield, MI 49037 $7,864,275 CAD ($70.57 CAD/SF) 6.83% Cap Rate
Investment Highlights
- Fully occupied building with little room for paying clients files. Tenant has renewed every five years for the past 30 years.
Executive Summary
Property Facts
| Price | $7,864,275 CAD | Lot Size | 5.94 AC |
| Price Per SF | $70.57 CAD | Rentable Building Area | 111,447 SF |
| Sale Type | Investment NNN | No. Stories | 4 |
| Cap Rate | 6.83% | Year Built | 1954 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 3 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-1 - Light Industrial | ||
| Price | $7,864,275 CAD |
| Price Per SF | $70.57 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.83% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.94 AC |
| Rentable Building Area | 111,447 SF |
| No. Stories | 4 |
| Year Built | 1954 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-1 - Light Industrial |
Utilities
- Lighting
- Gas
- Water
- Sewer
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Information
- 113,373 SF
- $5.49 CAD
- Modified Gross
- Jan 2029
Iron Mountain Incorporated (NYSE : IRM), fondée en 1951, est le chef de file mondial des services de stockage et de gestion de l'information. Reconnu par plus de 225 000 organisations à travers le monde et disposant d'un réseau immobilier de plus de 85 millions de pieds carrés répartis dans plus de 1 400 installations dans plus de 50 pays, Iron Mountain stocke et protège des milliards d'actifs de valeur, y compris des renseignements commerciaux essentiels, des données hautement sensibles et des artefacts culturels et historiques. Fournissant des solutions qui comprennent la gestion de l'information, la transformation numérique, le stockage sécurisé, la destruction sécurisée, ainsi que des centres de données, des services infonuagiques et du stockage et de la logistique de l'art, Iron Mountain aide les clients à réduire les coûts et les risques, à se conformer à la réglementation, à se remettre d'une catastrophe et à permettre une plus grande numérisation la façon de travailler.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Information | 113,373 SF | $5.49 CAD | Modified Gross | Jan 2029 |
Property Taxes
| Parcel Number | 54-001-200-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $47,334 CAD |
Property Taxes
Presented by
1961 Base Ave
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