1867 Cass Hartman Court, Traverse City, MI
Industrial for Sale - $4,194,000 - 64,518 Sq. Ft.
Agent Info
Dan Stiebel Coldwell Banker Schmidt |
Property Info
CIMLS# | 1150829 |
Location 1867 Cass Hartman Court Traverse City MI 49685 | |
Updated | April 29th, 2024 |
Type | Industrial |
Price | $4,194,000 |
Building | 64,518 Sq. Ft. |
Property Description
Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.