14130 172Nd AveGrand Haven, MI 49417

For Sale
$6,420,400

111,000 SF Industrial Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional Grand Haven, MI industrial property, built in 2016, offers 111,308 square feet of manufacturing space. The single-tenant, absolute NNN net lease boasts a substantial remaining term of 21.6 years, expiring July 7, 2046. The property features a 6.50% cap rate and a strong NOI of $417,326, with an asking price of $6,420,400 ($57.68/sq ft). The building boasts high-bay concrete and steel construction, including 16-24 foot ceiling heights, six loading docks, and two dock-high doors. Its location in Ottawa County, at 14130 172nd Ave, zip code 49417, provides excellent access to transportation and infrastructure. This well-maintained facility is ideally suited for manufacturing operations, offering a secure, long-term investment opportunity with significant upside potential. The robust construction and substantial remaining lease term make this a highly desirable asset for investors seeking stable, high-return industrial properties. The property's size and features make it suitable for a variety of manufacturing uses.

Property Details for 14130 172Nd Ave

Property type
Other industrial properties, Manufacturing properties
Square Feet
111,308 SF
Year Built
2016

Location Insight

City
Grand Haven
County
Ottawa
State
Michigan
Latitude
43.0251284
Longitude
-86.212832
14130 172Nd Ave, Grand Haven, Michigan

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14130 172Nd Ave
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