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Investment Highlights

  • Industrial Property Consisting of 27,419 SF and Situated on a 1.61 AC Lot
  • Located Approximately 20 Miles from Bishop International Airport
  • Zoning: AI | Prime for Industrial/Flex/Warehouse
  • Positioned Along Myron Street and N Ortonville Road with Traffic Counts Exceeding 18,990 Vehicles Per Day
  • Average Household Income Within a 5-Mile Radius of the Subject Property Exceeds $116,500
  • Surrounded by National Retailers Including Ace Hardware, Dollar Tree, Rite Aid, and Many Others

Executive Summary

Prime Investment - Industrial Property Consisting of 27,419 SF and Situated on a 1.61 AC Lot. Tenant has renewed a 2-year renewal November 2024 with no more options remaining.

Property Facts

Price $2,342,204 CAD
Price Per SF $85.42 CAD
Sale Type Investment NNN
Cap Rate 10%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 1.61 AC
Rentable Building Area 27,419 SF
No. Stories 1
Year Built 1981
Tenancy Single
Zoning AI

Amenities

  • Front Loading
  • Property Manager on Site

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Manufacturing
  • 27,419 SF
  • $8.22 CAD
  • Double Net
  • Nov 2026

Founded in 1999, Angstrom offers a diversified product portfolio with manufacturing locations across North America, South America, and Europe. As a leading tier 1 full-service supplier for Automotive and Industrial OEMs, their goal is to provide high-quality products enabled by their innovative engineering practices.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Manufacturing 27,419 SF $8.22 CAD Double Net Nov 2026
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
03-07-301-013
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$718,934 CAD
  • Listing ID: 35023545

  • Date on Market: 2025-03-05

  • Last Updated:

  • Address: 85 Myron St, Ortonville, MI 48462

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