1041 Hurst RdJackson, MI 49201

For Sale
$2,058,000

High-return, fully leased warehouse.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 37,944-square-foot industrial property, located at 1041 Hurst Road in Jackson, Michigan, presents a compelling investment opportunity. The property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $164,677, supported by a 100% occupancy rate. Currently leased to a single tenant under a seven-year NNN lease commencing August 2024, this asset offers predictable cash flow and long-term stability. Built in 1974 and extensively renovated in 2023, the building features a single story, 18-foot ceiling height, five loading docks, and one dock-high door. Recent improvements totaling $250,000 include LED lighting upgrades, new interior warehouse painting, new hardwood flooring in the office, new kitchen cabinets, exterior light replacement, and a power upgrade to 220V at each post. The property sits on over four acres of land, offering ample space and potential for future expansion. Its strategic location within one mile of the Jackson County Airport and directly adjacent to I-94 and M-60 provides excellent access to major transportation routes. The asking price is $2,058,000, translating to a price per square foot of $54.24. The property's parcel number is 000-08-31-304-006-00. This is a rare opportunity to acquire a high-performing industrial asset in a desirable location.

Highlights

  • Excellent location: One mile from Jackson County Airport, adjacent to I-94 and M-60.
  • Price per square foot below $60.
  • Large 4+ acre site.
  • $250,000 in recent improvements including LED lighting, interior painting, new office flooring and cabinets, exterior lighting, and 220V power upgrades.

Property Details for 1041 Hurst Rd

Property type
Other warehouses, Other industrial properties
Square Feet
37,944 SF
Year Built/Renovated
1974/2023
Stories
1

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.2518389
Longitude
-84.478741
1041 Hurst Rd, Jackson, Michigan

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1041 Hurst Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message