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    OFF-MARKET
    Warehouses

    1120 36Th St, Wyoming, MI 49508

    1,425,595 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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