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TruGreen - Lansing, MI 5935 Enterprise Dr 11,720 SF Industrial Building Lansing, MI 48911 $2,397,235 CAD ($204.54 CAD/SF) 6.75% Cap Rate
Investment Highlights
- TruGreen is the nation's largest commercial and residential lawn care company, servicing over 2.3 million customers annually across its 350+ locations
- This facility was a former build-to-suit (BTS) specifically designed for the tenant to support their business operations.
- The property is strategically located in one of Lansing's main industrial pockets. Notable nearby tenants with strong synergy include SRS Building Etc
- TruGreen has occupied the facility since 1991 and just recently extended its lease another 5 years, further proving its long-term commitment.
- Located near I-496 and I-96, which are major East/West and North/South arteries,.
- The excess yard space at this location allows for significant Industrial Outdoor Storage (IOS), which is one of the most sought-after asset classes .
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 11,720 SF TruGreen facility in Lansing, MI. TruGreen, one of North America's largest providers of commercial and residential landscaping services, has occupied the property since 1991 and just recently executed a fresh lease extension. This is a rare opportunity to acquire a well-located and highly functional Industrial Service Facility leased to a national credit tenant.
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: MaxFreedman - MI Lic. # 6502424113
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: MaxFreedman - MI Lic. # 6502424113
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- TruGreen
- Retailer
- 11,720 SF
- $13.81 CAD
- Triple Net
- Dec 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| TruGreen | Retailer | 11,720 SF | $13.81 CAD | Triple Net | Dec 2032 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-05-03-426-062 | Improvements Assessment | $416,548 CAD |
| Land Assessment | $116,935 CAD | Total Assessment | $533,483 CAD |
Property Taxes
Parcel Number
01-05-03-426-062
Land Assessment
$116,935 CAD
Improvements Assessment
$416,548 CAD
Total Assessment
$533,483 CAD
Contacts
-
Hunter Kirby -
Stratton Greig -
Thomas Miller -
Austin Marsh -
Sands Investment Group Austin, LLC
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TruGreen - Lansing, MI | 5935 Enterprise Dr
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