Building Details

Building Size 41,880 SF

Listing Agency: Kwekel Companies

Listed By: Tim Kwekel · License #MI

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:33PM

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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 Kwekel Companies

Investment Insights

Based on property information with market context.

The offering comprises Clark Engineering’s 41,880-square-foot manufacturing building on a 4.9-acre site at 1470 McMillan Rd in Owosso, Michigan. The property is structured as a sale leaseback, with Clark Engineering expected to enter a new 15-year absolute NNN lease at closing.

Key Highlights

• 41,880‑square‑foot manufacturing building
• Situated on a 4.9‑acre site
• New 15‑year absolute NNN lease at closing

Property Analytics

Property Profile

Current Use

Clark Engineering Industrial Manufacturer

Suggested Use

Top Pick Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Hair Salon

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

142

Businesses Nearby

Explore this area Business Placement

Demographics for 48867, MI

27,596

Population

12,660

Households

2.2

Avg Household Size

42

Median Age

20%

College-Educated

92%

High-School Grad

136.0 sq mi

ZIP Area

203

Density / Sq Mi

$58,718

Median Household Income

$37,908

Median Earnings

$834

Median Rent

$145,600

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 - Sale-leaseback structure includes a new 15-year absolute NNN lease at closing.

Where is this manufacturing property located?

The property is located at 1470 McMillan Rd Owosso, MI.

What are key features of this property?

This property features: 41,880‑square‑foot manufacturing building; Situated on a 4.9‑acre site; New 15‑year absolute NNN lease at closing