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Net-Leased Industrial Facility
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Pending

6261 US-31, Williamsburg, MI 49690

Single-tenant industrial facility with tenant interior upkeep and landlord responsibility for roof, structure, and parking.

Property SizeContact for details
Days on Market121

Property Features for 6261 US-31

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: CBRE
Listed By: David Hesano · License #MI 6501300653
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 12:29PM

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 CBRE

Investment Insights

Based on property information with market context.

This single-facility operation consolidates manufacturing, shipping, warehousing, and administrative functions for a privately held nontoxic cleaning products manufacturer, distributor, and retailer. The tenant recently signed a new 10-year lease, and more than $3M has been invested in capital improvements and upgrades. Under the lease structure, the tenant is responsible for all interior upkeep, while the landlord is responsible for the roof, structure, parking lot, and common area maintenance. The lease also includes rental increases of 12% every five years.

Located at 6261 US-31 in Williamsburg, Michigan, the property is part of a mixed-use development that includes surrounding multi-family housing, recreation, retail, and light industrial uses. The asset is within the Traverse City market in northern Michigan, with broad regional appeal. Contact the listing team for additional information.

Key Highlights

  • Single‑tenant industrial facility with tenant responsible for interior upkeep.
  • Landlord responsible for roof, structure, and parking lot/common area maintenance.
  • New 10‑year lease signed recently.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby

Demographics for 49690, MI

6,494
Population
3,476
Households
1.9
Avg Household Size
50
Median Age
45%
College-Educated
97%
High-School Grad
82.7 sq mi
ZIP Area
79
Density / Sq Mi
$105,701
Median Household Income
$47,114
Median Earnings
$1,279
Median Rent
$329,100
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
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Single-tenant industrial facility with tenant interior upkeep and landlord responsibility for roof, structure, and parking.
Where is this manufacturing property located?
The property is located at 6261 US-31 Williamsburg, MI.
What are key features of this property?
This property features: Single‑tenant industrial facility with tenant responsible for interior upkeep.; Landlord responsible for roof, structure, and parking lot/common area maintenance.; New 10‑year lease signed recently.
More about this property
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