Single-User Industrial
For Sale
Contact for pricing
5335 Hill 23 Dr., Flint, MI 48507
Industrial portfolio occupied by Trane Technologies, featuring two long-term facilities with renewal options at both locations.
Days on Market163
Property Features for 5335 Hill 23 Dr.
General Information
Standard status
Active
Property subtype
Industrial
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Martin Commercial Properties
(517) 242-7561
Listed By:
Christopher Miller, SIOR
Source:
Thebrokerlist
Added: Feb 18
Changed: Jul 23
Last Checked: Jul 23 at 1:42PM
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 Martin Commercial Properties
Investment Insights
Based on property information with market context.
This offering presents a single-user industrial portfolio occupied by Trane Technologies across two properties. The Lansing, Michigan location has been occupied by Trane since 2001 and operates as a parts store and sale office. The Flint, Michigan location has been occupied by Trane since 1973 and serves as a sales and operation office, along with a service tooling and equipment warehouse.
Both properties are covered by a 5-year renewal that commenced July 21, 2022. Each location has two remaining 3-year renewal options. The Lansing site is located in an industrial park off Jolly Road. The Flint facility is located in an industrial park just off the US-23/Hill Road interchange and is described as being visible to approximately 20,000 vehicles that drive by on US-23 daily.
The properties are described as serving as crucial operations for Trane’s territories, with the overall portfolio positioned for continued occupancy under the existing renewal schedule.
Both properties are covered by a 5-year renewal that commenced July 21, 2022. Each location has two remaining 3-year renewal options. The Lansing site is located in an industrial park off Jolly Road. The Flint facility is located in an industrial park just off the US-23/Hill Road interchange and is described as being visible to approximately 20,000 vehicles that drive by on US-23 daily.
The properties are described as serving as crucial operations for Trane’s territories, with the overall portfolio positioned for continued occupancy under the existing renewal schedule.
Key Highlights
- Industrial portfolio with 2 single‑user facilities occupied by Trane Technologies in Lansing & Flint, Michigan
- 3350 Pine Tree Road (Lansing) occupied by Trane since 2001 as parts store and sales office
- 5335 Hill 23 Drive (Flint) occupied by Trane since 1973 as sales and operations office plus service tooling & equipment warehouse
Property Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48507, MI
30,149
Population
13,923
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
88%
High-School Grad
22.1 sq mi
ZIP Area
1,364
Density / Sq Mi
$47,165
Median Household Income
$31,346
Median Earnings
$923
Median Rent
$101,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial portfolio occupied by Trane Technologies, featuring two long-term facilities with renewal options at both locations.
Where is this flex space located?
The property is located at 5335 Hill 23 Dr. Flint, MI.
What are key features of this property?
This property features: Industrial portfolio with 2 single‑user facilities occupied by Trane Technologies in Lansing & Flint, Michigan; 3350 Pine Tree Road (Lansing) occupied by Trane since 2001 as parts store and sales office; 5335 Hill 23 Drive (Flint) occupied by Trane since 1973 as sales and operations office plus service tooling & equipment warehouse
