Log In/Sign Up
Your email has been sent.
922 N M-37 Hwy 67,630 SF Specialty Building Offered at $7,125,134 CAD at a 7.90% Cap Rate in Hastings, MI 49058
Investment Highlights
- Newly constructed self-storage buildings
- Upside in tenant insurance
- Paved with a gate and keypad
- Upside in rent
- Upside in parking revenue
- 5,400 NRSF expansion underway
Executive Summary
On behalf of the Seller, Friedman is proud to bring this seven-acre mixed-use (Self-Storage/Flex/Contractor Bay) facility to market in Hastings, MI (Grand Rapids area).
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $7,125,134 CAD | Building Class | C |
| Price Per SF | $84.94 CAD | Lot Size | 7.11 AC |
| Sale Type | Investment | Building Size | 83,880 SF |
| Cap Rate | 7.90% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Self-Storage | ||
| Zoning | LI - Warehouse, Light Industrial | ||
| Price | $7,125,134 CAD |
| Price Per SF | $84.94 CAD |
| Sale Type | Investment |
| Cap Rate | 7.90% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 7.11 AC |
| Building Size | 83,880 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | LI - Warehouse, Light Industrial |
Amenities
- Signage
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 08-13-009-012-10 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,018,243 CAD |
Property Taxes
Parcel Number
08-13-009-012-10
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,018,243 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
922 N M-37 Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.