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Pure Aluminum 3386 Grand River Ave 114,027 SF Industrial Building Saranac, MI 48881 $31,501,259 CAD ($276.26 CAD/SF) 8.35% Cap Rate

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Executive Summary

Kwekel Companies is pleased to offer the sale leaseback of Pure Aluminum’s 114,027 square foot industrial building located on a 9 acre site near Grand Rapids, MI. Pure Aluminum will execute a new 20 year absolute NNN lease at closing.

Property Facts

Price $31,501,259 CAD
Price Per SF $276.26 CAD
Sale Type Investment NNN
Cap Rate 8.35%
Sale Condition Sale Leaseback
Property Type
Industrial
  • Industrial Manufacturing
Building Class A
Lot Size 8.90 AC
Rentable Building Area 114,027 SF
No. Stories 1
Year Built 2024
Tenancy Single
Clear Ceiling Height 38’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 8
Zoning Industrial
  • Listing ID: 39488137

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 3386 Grand River Ave, Saranac, MI 48881

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