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NNN Industrial Property
For Sale
$2,650,000

55905 92nd Avenue, Dowagiac, MI 49047

Long-term occupancy is secured through 2039 with annual 2% increases and a 5-year extension option.

Property Size63,148 SF
Lot Size7.10 Acres
Price / SF$42.06
Days on Market17

Property Features for 55905 92nd Avenue

General Information

Standard status Active
Size 63,148 SF
Lot size 7.10 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $27,413

Building Details

Building Size 63,148 SF
Year Built 1955
Buildings 3
Stories 1
Units 2
Listing Agency: O'Brien Real Estate
Listed By: Pat O'Brien · License #6502102326
Source: Erareardonrealty
Added: Aug 14 Changed: Aug 28 Last Checked: Aug 29 at 10:18AM

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 O'Brien Real Estate

Investment Insights

Based on property information with market context.

This NNN industrial property is located on 7.1 acres at 55905 92nd Ave in Hamilton Township, Michigan. Constructed in 1955, the facility is subject to a sale-leaseback arrangement with the operating business remaining in place through 2039.

The lease provides annual 2% increases and includes an additional 5-year option. The property offers a long-duration industrial occupancy structure with contractual extension rights and a defined lease term.

Key Highlights

  • NNN industrial property on 7.1 acres
  • Lease term extends through 2039
  • Annual 2% rent increases

Property Analytics

Current Use

Securit Metal Products Industrial Manufacturer

Suggested Use

Top Pick Wine and Liquor 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.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 49047, MI

14,541
Population
8,205
Households
1.8
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
119.3 sq mi
ZIP Area
122
Density / Sq Mi
$55,469
Median Household Income
$38,033
Median Earnings
$750
Median Rent
$182,000
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?
NNN property - Long-term occupancy is secured through 2039 with annual 2% increases and a 5-year extension option.
Where is this nnn property located?
The property is located at 55905 92nd Avenue 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: NNN industrial property on 7.1 acres; Lease term extends through 2039; Annual 2% rent increases
More about this property
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