Building Details

Year built 1980

Listing Agency: Pilot Property Group - Residential LLC b***@pilotpg.com Show Phone

Listed By: Anthony Rubino · License #6502425251 Show Phone

Added: Apr 13 Changed: Aug 19 Last Checked: Aug 27 at 11:06PM

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MLS# 50204127

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Investment Insights

Based on property information with market context.

This industrial property contains 20,737 square feet within a building constructed in 1980. The improvements include a new roof, heavy power, a parking lot, and wall or window cooling. A unit is available for lease, with additional smaller spaces also offered.

The property sits on 10.84 acres at 5160 Lakeshore Road in Lexington, Michigan. Its building size, power capacity, cooling equipment, and on-site parking provide the primary physical details for evaluating the available industrial space.

Key Highlights

• 20,737‑square‑foot industrial building on 10.84 acres
• Heavy power available
• New roof

Property Analytics

Property Profile

Current Use

Woodpecker Enterprises, Inc. Mill

Suggested Use

Top Pick Plumbing Service Pharmacy Big Box & Wholesale Store Grocery & Convenience Store Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Heavy power

NNN (Triple Net)

Lease Type

$0.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

153

Businesses Nearby

Explore this area Business Placement

Demographics for 48450, MI

4,199

Population

4,113

Households

1

Avg Household Size

55

Median Age

23%

College-Educated

95%

High-School Grad

21.9 sq mi

ZIP Area

192

Density / Sq Mi

$58,297

Median Household Income

$33,892

Median Earnings

$855

Median Rent

$200,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial space with a new roof, parking lot, and available wall or window cooling.

Where is this industrial property located?

The property is located at 5160 Lakeshore Road Lexington, MI.

What is the lease rate?

The lease rate is $8,640/Mo.

What are key features of this property?

This property features: 20,737‑square‑foot industrial building on 10.84 acres; Heavy power available; New roof