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NNN Industrial Property
New
For Sale
$2,650,000

55905 92nd Ave, Dowagiac, MI 49047

Sale-leaseback industrial asset with a long-term NNN lease and scheduled annual escalations.

Property Size63,000 SF
Lot Size7.10 Acres
Price / SF$41.96
Days on Market2

Property Features for 55905 92nd Ave

General Information

Standard status Active
Size 63,000 SF
Lot size 7.10 Acres

Building Details

Year Built 1955
Building Size 63,000 SF
Listing Agency: O'Brien Real Estate
Listed By: Pat O'Brien · License #6502102326
Source: Katie-k
Added: Sep 9 Last Checked: Sep 9 at 9:55AM

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 structured as a sale-leaseback with an existing lease extending through 2039. The agreement includes annual 2% increases and an additional 5-year renewal option. The improvements were built in 1955 and feature metal exterior construction.

The property encompasses 7.1 acres at 55905 92nd Ave in Dowagiac, Michigan. Its long lease term, contractual escalations, and renewal provision provide a clearly defined lease structure for investors evaluating an industrial asset.

Key Highlights

  • NNN lease in place through 2039
  • Sale‑leaseback structure with an established industrial occupant
  • Annual 2% lease increases

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Sale-leaseback industrial asset with a long-term NNN lease and scheduled annual escalations.
Where is this nnn property located?
The property is located at 55905 92nd Ave 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 lease in place through 2039; Sale‑leaseback structure with an established industrial occupant; Annual 2% lease increases
More about this property
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