840 Oakland AveLansing, MI 48906

This exceptional investment opportunity presents a 57,200 square foot industrial warehouse located at 840 E Oakland Ave, Lansing, MI 48906, in Ingham County. The property is currently 100% occupied by a single tenant under a Net Lease (NNN) agreement, offering a strong and stable income stream. The building features a 17-foot ceiling height, one loading dock, and one dock-high door, situated on a 1.72-acre lot. The property is zoned H, Light Industrial, aligning perfectly with its current use. With a total square footage of 57,200 square feet, the asking price is $2,775,000, resulting in a price per square foot of $48.51 and an attractive 8.26% capitalization rate. This fully leased asset offers investors a compelling combination of immediate return and potential for future appreciation in the dynamic Lansing market. The tenant, Vital Records Control, is a national leader in records management solutions, providing further assurance of long-term stability. This is a rare opportunity to acquire a high-performing industrial property in a desirable location.