4808 Empire WayLansing, MI 48917

For Sale
$5,440,000

50,000 SF Warehouse, 7.35% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional investment opportunity in Lansing, Michigan. This single-story, 50,000-square-foot warehouse boasts a 7.35% cap rate and is situated on a 4.23-acre lot. Built in 2016, the property features 2,248 square feet of office space and 47,665 square feet of warehouse space, perfect for industrial operations. The building includes six loading docks and a 25-foot ceiling height, providing ample space for efficient logistics. The property is zoned I-Industrial and benefits from a 100% occupancy rate under a long-term net lease with TFT Global, Inc., a sequencing center for door panels supplying the nearby GM Delta Assembly plant (only 3 miles away). The asking price is $5,440,000, translating to $108.80 per square foot. This is a prime opportunity for investors seeking a stable, high-return industrial asset in a strategic location. The property's strong tenant and location contribute to its exceptional investment potential. Detailed financial information is available upon request.

Highlights

  • Exceptional investment opportunity: 50,000-square-foot warehouse in Lansing, MI, offering a 7.35% cap rate.
  • 4.23-acre lot with 2016 construction.
  • Features 2,248 square feet of office space and 47,665 square feet of warehouse space.
  • Six loading docks and 25-foot ceiling height.
  • 100% occupancy under a long-term net lease with TFT Global, Inc., servicing a nearby GM plant.
  • Asking price: $5,440,000 ($108.80/SF).

Property Details for 4808 Empire Way

Property type
Other warehouses, Other industrial properties
Square Feet
50,000 SF
Year Built
2016
Buildings
1
Stories
1
Lot Size (sq. ft)
184,259 SF

Location Insight

City
Lansing
County
Eaton
State
Michigan
Latitude
42.685635555555
Longitude
-84.644869722149
4808 Empire Way, Lansing, Michigan

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4808 Empire Way
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