3302 Kent St Flint, MI 48503
Warehouse property with a new 6-year lease and expansion.
- Added:
- Sep 12, 2022
- Days on Market:
- 1399
- Last Refresh:
- May 20 at 8:27 pm
Property Features for 3302 Kent St
General Information
- Standard status
- Active
- Size
- 103,894 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1963
Listing office The Jonna Group at Colliers International (248) 226-1610
Listing date Sep 12, 2022
Source Crexi
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 The Jonna Group at Colliers International
Investment Insights
Based on property information with market context.
Key Highlights
- New 6‑Year Lease provides stability.
- Recent Tenant Expansion shows business is thriving.
- 2.5% Annual Increases offer growing returns.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $935.0k | $9.00 |
| − Vacancy | −$94.4k | −$0.91 |
| EGI | $840.6k | $8.09 |
| − OpEx | −$252.2k | −$2.43 |
| NOI | $588.4k | $5.66 |
Alternative Uses
Property Analytics
Current Use by Public Records
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