4100 Baldwin RdHolly, MI 48442

For Sale
$3,400,000

High-yield warehouse, Consumers Energy lease.

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional investment opportunity presents a 23,249-square-foot warehouse located at 4100 E. Baldwin Rd, Holly, MI 48442. The property sits on a generous 12.15-acre lot and boasts ceiling heights ranging from 14 to 18 feet, providing ample space for various industrial uses. Currently leased to Consumers Energy, the property features a new five-year lease with a three-year option to extend, ensuring a stable income stream. The building, constructed in 1977, is zoned I-1 and benefits from a planned new roof installation in Spring 2022, minimizing future maintenance costs. The property's strong financial performance is highlighted by a pro-forma cap rate of 6.00%. With its strategic location in Genesee County, Michigan, and its secure long-term lease, this warehouse represents a compelling investment opportunity for discerning buyers seeking a stable, high-yield asset. The asking price is $3,400,000. The APN is 12-34-100-005. This is a turnkey investment ready for immediate income generation.

Highlights

  • 23,249-square-foot warehouse on a 12.15-acre lot in Holly, MI.
  • 14-18 foot ceiling heights, suitable for various industrial uses.
  • New five-year lease with Consumers Energy, plus a three-year option.
  • 6.00% pro-forma cap rate and $3,400,000 asking price.
  • I-1 zoning, new roof planned for Spring 2022, APN 12-34-100-005.

Property Details for 4100 Baldwin Rd

Property type
Other warehouses, Other industrial properties
Square Feet
23,249 SF
Year Built
1977
Lot Size (sq. ft)
529,254 SF

Location Insight

City
Holly
County
Genesee
State
Michigan
Latitude
42.7833139
Longitude
-83.6135572
4100 Baldwin Rd, Holly, Michigan
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4100 Baldwin Rd
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