55905 92nd Ave Dowagiac, MI 49047

Building Details

Year Built

1955

Listing Agency O'Brien Real Estate p**@obriensoldmine.com Show Phone

Listed by Pat O'Brien · License #6502102326 Show Phone

Source Elliman

Added: Mar 11 Checked: Jul 15 at 9:51 pm

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Investment Insights

Based on property information with market context.

This industrial property features a long-term lease through 2039, with over $2.4 million in scheduled rent. The business operating on the property has been established since the 1930s and is operating with a sale-leaseback agreement. The gross potential rent is over $172,000, with annual increases of 2%. An additional 5-year option is available. The property encompasses a total of 63,000 square feet and sits on 7.1 acres. This triple net opportunity features an established long-term business.

Key Highlights

• Lease in place through 2039, providing long‑term income.
• Over $2.4 Million in scheduled rent.
• Triple Net (NNN) lease structure.

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FAQs

What type of property is this?

Industrial property - Industrial property with lease through 2039 and scheduled rent.

Where is this industrial property located?

The property is located at 55905 92nd Ave Dowagiac, MI.

What is the asking price?

The asking price for this property is $2,650,000.

What are key features of this property?

This property features: Lease in place through 2039, providing long‑term income.; Over $2.4 Million in scheduled rent.; Triple Net (NNN) lease structure.