Manufacturing Facility with Office
For Sale
Contact for pricing
711 E Porter Rd, Norton Shores, MI 49441
Sublease opportunity with heavy industrial infrastructure, finished offices, and three-phase power for manufacturing operations.
Property Size80,000 SF
Price / SF$0.00
Days on Market179
Property Features for 711 E Porter Rd
General Information
Standard status
Active
Size
80,000 SF
Total Parking Spaces
90
Property subtype
Industrial
Zoning
PUD
Lease Type
NNN
Amenities
Power
Water
Sewer
Natural Gas
90 Parking Spaces
Building Details
Year Built
2002
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Stuart Kingma · License #6502368294
(616) 575-7022
Source:
Carwm.resimplifi
Added: May 5
Changed: Oct 25
Last Checked: Oct 30 at 10:32AM
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 NAI Wisinski of West Michigan
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Investment Insights
Based on property information with market context.
This manufacturing property offers approximately 80,000 SF of industrial space in a building completed in 2002. The facility includes approximately 3,626 SF of finished office area and heavy industrial infrastructure associated with its former die casting operations. Electrical service is 480 3-phase, supporting the building’s industrial configuration.
The property is positioned within the Muskegon County Airport Business Park in Norton Shores, with access to US-31 and I-96 through the Sternberg interchange. Muskegon County Airport is less than a mile away, while the Harvey Street commercial corridor provides nearby national food and retail locations. The space is offered for sublease with terms ranging from 1 to 10 years, subject to approval of the tenant’s use and credit.
The property is positioned within the Muskegon County Airport Business Park in Norton Shores, with access to US-31 and I-96 through the Sternberg interchange. Muskegon County Airport is less than a mile away, while the Harvey Street commercial corridor provides nearby national food and retail locations. The space is offered for sublease with terms ranging from 1 to 10 years, subject to approval of the tenant’s use and credit.
Key Highlights
- Approximately 80,000 SF industrial building constructed in 2002
- Approximately 3,626 SF of finished office space
- 480 3‑phase power service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$767,370
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,347,400
$15.3M
Cap Rate 7%
$10,962,429
$11.0M
Cap Rate 9%
$8,526,333
$8.5M
Market Conditions
NOI Build-Up for 80,000 SF
Gross rent
$1.12M $14.04/SF
− Vacancy
−$27.0K −$0.34/SF
EGI
$1.10M $13.70/SF
− OpEx
−$328.9K −$4.11/SF
NOI
$767.4K $9.59/SF
Area
Muskegon County, MI
Vacancy
2.40%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,347,400
Cap Rate 7%
$10,962,429
Cap Rate 9%
$8,526,333
Alternative Uses
Best Use
Industrial
$10.96M
$9.59M – $12.79M
NOI $767,370 @ 7.0% cap · market cap 13,952,181.82%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$751.28M
$657.37M – $876.50M
NOI $52,589,787 @ 7.0% cap · market cap 956,177,945.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
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Business Placement
Demographics for 49441, MI
36,886
Population
16,491
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
21.7 sq mi
ZIP Area
1,700
Density / Sq Mi
$65,235
Median Household Income
$38,132
Median Earnings
$1,080
Median Rent
$194,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Sublease opportunity with heavy industrial infrastructure, finished offices, and three-phase power for manufacturing operations.
Where is this manufacturing property located?
The property is located at 711 E Porter Rd Norton Shores, MI.
What are key features of this property?
This property features: Approximately 80,000 SF industrial building constructed in 2002; Approximately 3,626 SF of finished office space; 480 3‑phase power service
