728 McKendrick St SW, Grand Rapids, MI 49503
15,128 SF Multi-Tenant Industrial for Sale
Industrial
Asking Price $1,295,000
Property Description
Recently renovated industrial building for sale. This multi-tenant industrial building features ample on-site parking and outdoor equipment storage, 4 drive in doors, 1 loading dock door, 18-20’ ceiling heights and incredible access to the US- 131 & Burton Street interchange. With 5,128 SF available immediately and the remaining 10,000 SF leased on a short term basis, this building is ideal for both investors and owner occupants. Notable improvements in recent years include parking lot, partial roof, restrooms and split utilities making the building more functional and desirable to a multitude of users.
Property Highlights
- 200 Amp 480v 3 phase
- 18′-20′ Ceiling Height
- 1 Loading Dock
- 4 Drive in Doors (14′)
Suite 1
5,128 Sq. Ft.
Lease Rate $ 7.25 PSF
Lease Type: NNN
Monthly Lease Rate: $3,098
Additional remarks:
- NNN/SF – $2.20
- Total Rent (Base + NNN) – $4,038.30