New Industrial
1100 N Main Street 1170, Three Rivers, MI 49093
For Sale
Contact for pricing
New construction combines dock access, overhead doors, and climate-controlled space for industrial operations.
Property Size40,000 SF
Price / SF$0.00
Days on Market54
Property Features for 1100 N Main Street 1170
General Information
Standard status
Size
Additional Details
Dock-High Doors
Building Details
Building Size
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Kara Schroer · License MI #6501373674
(269) 459-0435
Source:
Corneliusteam
Added: Sep 18
Changed: Nov 9
Last Checked: Nov 8 at 5:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Wisinski of West Michigan
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Investment Insights
Based on property information with market context.
This 40,000 SF warehouse is a newly built industrial facility within a redeveloped commercial center. The building includes four dock-high doors, two overhead doors, and a Thermo-Cycler HVAC system for controlled interior conditions. Its stated use profile supports manufacturing, distribution, and warehousing operations.
A newly constructed parking lot accommodates employees and deliveries. The property is located at 1100 N Main Street in Three Rivers, Michigan, with access to US-131 minutes away. The facility is positioned for users seeking modern industrial space with loading infrastructure and transportation access.
A newly constructed parking lot accommodates employees and deliveries. The property is located at 1100 N Main Street in Three Rivers, Michigan, with access to US-131 minutes away. The facility is positioned for users seeking modern industrial space with loading infrastructure and transportation access.
Key Highlights
- 40,000 SF newly constructed industrial facility
- Four dock‑high doors and two overhead doors
- Thermo‑Cycler HVAC system for climate control
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$598,278
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,965,560
$12.0M
Cap Rate 7%
$8,546,829
$8.5M
Cap Rate 9%
$6,647,533
$6.6M
Market Conditions
NOI Build-Up for 40,000 SF
Gross rent
$878.4K $21.96/SF
− Vacancy
−$23.7K −$0.59/SF
EGI
$854.7K $21.37/SF
− OpEx
−$256.4K −$6.41/SF
NOI
$598.3K $14.96/SF
Area
St. Joseph County, MI
Vacancy
2.70%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,965,560
Cap Rate 7%
$8,546,829
Cap Rate 9%
$6,647,533
Alternative Uses
Best Use
Warehouse
$10.38M
$9.08M – $12.11M
NOI $726,481 @ 7.0% cap
Second Best
Industrial
$8.55M
$7.48M – $9.97M
NOI $598,278 @ 7.0% cap
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
4
Dock-high doors
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49093, MI
18,215
Population
8,512
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
105.6 sq mi
ZIP Area
172
Density / Sq Mi
$63,040
Median Household Income
$36,916
Median Earnings
$824
Median Rent
$174,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in St. Joseph County, MI
Properties on Market for Warehouses in St. Joseph County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Fourteenth Street Storage — 421 14th St, Three Rivers, MI 49093
Frequently Asked Questions
What type of property is this?
Warehouse - New construction combines dock access, overhead doors, and climate-controlled space for industrial operations.
Where is this warehouse located?
The property is located at 1100 N Main Street 1170 Three Rivers, MI.
What are key features of this property?
This property features: 40,000 SF newly constructed industrial facility; Four dock‑high doors and two overhead doors; Thermo‑Cycler HVAC system for climate control
