4111 Munson HwyHudson, MI 49247

For Sale
$6,418,841

15-Year NNN Lease, 7.25% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fee-simple ownership of a 84,612 square foot manufacturing and warehouse facility located at 4111 Munson Hwy, Hudson, MI 49247. The property sits on a 9.98-acre lot and benefits from its proximity to US Route 127, a major north-south interstate highway. Built in 2010, this single-story building is currently 100% occupied by Kecy Metal Technologies, a leading precision metal stamping company with a 34-year operating history. A new, 15-year absolute NNN lease with a corporate guarantee commences at closing, eliminating all landlord responsibilities. The lease includes four, five-year renewal options and features a 2% annual rent increase, ensuring consistent income growth. The property boasts a strong NOI of $465,366 and a 7.25% cap rate, making it an attractive investment for those seeking passive income and potential appreciation. The asking price is $6,418,841, translating to $75.86 per square foot. The property is zoned for industrial use and offers an ideal opportunity for a 1031 exchange buyer or an investor seeking a stable, long-term investment with a nationally recognized tenant. The lease is guaranteed by Quadrant Management Inc., a company managing $3 billion in real estate assets.

Highlights

  • 84,612 SF manufacturing/warehouse facility on 9.98 acres in Hudson, MI.
  • Absolute NNN lease with zero landlord responsibilities.
  • New 15-year lease commencing at closing, with four 5-year renewal options and 2% annual rent increases.
  • 100% occupied by Kecy Metal Technologies, an industry-leading metal stamping company with a 34-year operating history.
  • Lease guaranteed by Quadrant Management Inc., managing $3 billion in real estate assets.

Property Details for 4111 Munson Hwy

Property type
Other warehouses, Other industrial properties
Square Feet
84,612 SF
Year Built
2010
Buildings
1
Stories
1
Lot Size (sq. ft)
434,729 SF
Units
1

Location Insight

City
Hudson
County
Lenawee
State
Michigan
Latitude
41.8536956
Longitude
-84.333005
4111 Munson Hwy, Hudson, Michigan

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4111 Munson Hwy
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