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615 S Delaney Rd
Owosso, MI 48867
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased investment opportunity
- Well maintained property
EXECUTIVE SUMMARY
Prime investment opportunity, this large industrial warehouse is fully leased until 2032; tenant self-performs all CAM charges with landlord responsible for roof maintenance and repairs. Property features 43,000 SF of industrial warehouse space on 5.34 acres; offers 3 overhead doors, 2 loading docks, two 10-ton cranes. Property is 24 miles northeast of Lansing and six miles from Corunna, with convenient access to M-21 and M-52.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.75% | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.86/1,000 SF |
| Building Class | C | Clear Ceiling Height | 22’ |
| Lot Size | 5.34 AC | No. Dock-High Doors/Loading | 5 |
| Rentable Building Area | 43,000 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM | ||
| Sale Type | Investment |
| Cap Rate | 8.75% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.34 AC |
| Rentable Building Area | 43,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 1.86/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM |
PROPERTY TAXES
| Parcel Number | 006-23-300-007 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $799,634 CAD |
PROPERTY TAXES
Parcel Number
006-23-300-007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$799,634 CAD
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