Property profile

1120 36Th St Wyoming, MI 49508

OFF-MARKET
Warehouses
1,425,595 SF
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Property summary

AI-generated overview

This expansive 1,425,595 square foot warehouse, situated on a 54.81-acre lot in Kent County, presents a unique opportunity for businesses seeking flexible, cost-effective storage solutions. The entire space is currently vacant and available for lease on a single-tenant basis. Built in 1965 and renovated in 1965, the building boasts a 20-foot ceiling height, multiple loading docks, and convenient grade-level access points, ensuring efficient material handling. Access to the second floor is provided via a freight elevator and ramp. The property is zoned IT and features an advanced ESFR fire protection system, providing a secure environment for various warehousing operations. A significant advantage is the gross lease structure, eliminating additional expenses for the tenant and encompassing all utilities. This offers unparalleled cost efficiency and flexibility, allowing businesses to adapt their space requirements as needed, making it ideal for companies experiencing fluctuating storage demands or seeking short-term lease options. This property offers a highly competitive market rate and flexible lease terms, providing a rare combination of affordability, functionality, and adaptability within the industrial real estate market.

Property profile

Verified
Property type Warehouses
Total area 1,425,595 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1120 36Th St Wyoming, MI 49508
Wyoming metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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