Building Details

Buildings 1

Building Size 37,000 SF

Spaces For Lease

at 215 S Sherman St Contact us

FOR LEASE: INDUSTRIAL UP TO 37K SF. VASSAR, MI

Size

37,000 SF

Type

INDUSTRIAL

Rate

Contact for pricing

Lease Type

NNN

Availability

AVAILABLE, Now

Need Industrial Lease Space? Well maintained Vassar, MI Industrial Building For... Lease or Sale. See Separate Sale Listing. Since the Premises are approx 37,000 SF including original building, office, 2nd level offices and conference rooms/mezzanine, shop/warehouse areas, addition to the building with the dock area, large open and improved space, there may be multiple ways to split up the space, however, the way we are marketing the space is $6 PSF NNN for the entire 37,000 SF and a Premium cost for splits of space. Therefore, if a tenant needs 5000 SF, 10,000 SF, 15,000 SF or 20-30,000 SF, the rates will be determined at time of showing as it will need to be determined how long of a lease the tenant is willing to sign, what they are using the building for- what they are storing etc, how often they will be there etc.. The cheapest alternative for a tenant would be to take the entire 37k SF at $6 PSF NNN. This would be a NNN (Triple net Lease). Please feel free to contact Trademark Commercial Group 989-792-6400 for additional details and for a showing. *(1) parcel across the street can be used for parking if needed, owned by Seller, PSF TBD.

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Contact us

Listing Agency: Trademark Commercial Group g***@charter.net Show Phone

Listed By: Gretchen Witherspoon,SIOR,CCIM · License #6501316390 Show Phone

Source: Moodyscre

Added: Aug 1 Changed: Aug 11 Last Checked: Aug 12 at 9:28AM

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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 Trademark Commercial Group

Investment Insights

Based on property information with market context.

This flex industrial property offers approximately 37,000 SF across an original building, office areas, second-level offices, conference rooms, and mezzanine space. The layout also includes shop and warehouse areas, along with a building addition containing a dock area. Large open, improved areas support a range of industrial configurations, and the premises may be divided into smaller spaces depending on tenant requirements and lease terms.

Constructed in 1984, the building is located at 215 S Sherman St in Vassar, Michigan. An additional parcel across the street, owned by the seller, may be used for parking if needed. The lease structure is NNN, and the property is offered for lease with potential space configurations ranging from smaller suites to occupancy of the full building.

Key Highlights

• Approximately 37,000 SF of flex industrial space
• Shop, warehouse, office, conference, and mezzanine areas
• Building addition includes a dock area

Property Analytics

Property Profile

Current Use

Write-On Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Dental Office

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

236

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 48768, MI

9,648

Population

4,146

Households

2.3

Avg Household Size

43

Median Age

17%

College-Educated

92%

High-School Grad

105.9 sq mi

ZIP Area

91

Density / Sq Mi

$63,363

Median Household Income

$36,460

Median Earnings

$719

Median Rent

$137,900

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Flexible industrial space combines offices, conference areas, mezzanine space, and warehouse improvements under an NNN lease structure.

Where is this flex space located?

The property is located at 215 S Sherman St Vassar, MI.

What are key features of this property?

This property features: Approximately 37,000 SF of flex industrial space; Shop, warehouse, office, conference, and mezzanine areas; Building addition includes a dock area