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Builders & Plumbing Supply Co. 700 S Hosmer St 51,340 SF Industrial Building Lansing, MI 48912 $5,779,312 CAD ($112.57 CAD/SF) 6.55% Cap Rate

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Investment Highlights

New Five (5) Year Net Lease with Two (2) Three (3) Year Options to Renew.
Tremendous Location at the Pennsylvania/I-496 Interchange (Exit 7).
Dock Shelters, Load Levelers, and Paved, Lit, Drained, & Fenced Yard.

Tenant Has 100’s of Locations Across North America and a Net Worth Between $4-5 Billion Dollars!
Large Showroom, Customer Will Call Area, and Offices Recently Remodeled.

Executive Summary

700 S Hosmer Road in Lansing, Michigan is a 51,340 SF fully leased distribution center. 700 S Hosmer serves as their main distribution center
in Michigan which supplies their Midland, Ann Arbor, Kalamazoo and Grand Rapids locations. Tremendous Location at the Pennsylvania/I-496 Interchange (Exit 7).

RFS 700 S. Hosmer, Lansing Investment Flyer

Property Facts

Price	$5,779,312 CAD	Lot Size	4.26 AC
Price Per SF	$112.57 CAD	Rentable Building Area	51,340 SF
Sale Type	Investment	No. Stories	1
Cap Rate	6.55%	Year Built	2005
Sale Condition	High Vacancy Property	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.07/1,000 SF
Property Subtype	Warehouse Industrial Food Processing Industrial Manufacturing	No. Dock-High Doors/Loading	16
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Industrial - Heavy Industrial

Price	$5,779,312 CAD
Price Per SF	$112.57 CAD
Sale Type	Investment
Cap Rate	6.55%
Sale Condition	High Vacancy Property
Property Type	Industrial
Property Subtype	Warehouse Industrial Food Processing Industrial Manufacturing
Building Class	B
Lot Size	4.26 AC
Rentable Building Area	51,340 SF
No. Stories	1
Year Built	2005
Tenancy	Single
Parking Ratio	1.07/1,000 SF
No. Dock-High Doors/Loading	16
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Industrial - Heavy Industrial