52366 M-51, Dowagiac, MI 49047

This exceptional investment opportunity presents a 63,148 square foot industrial property situated on a 7.3-acre lot in Dowagiac, Michigan, at 52366 M-51. Currently under a triple-net lease with a gross potential annual rent exceeding $175,000, this property boasts a compelling cap rate of over 8%. The lease agreement has six years remaining, with options for an additional ten years, ensuring long-term income stability. The property's substantial size and strategic location make it an attractive investment for discerning buyers. The seller is willing to cooperate with 1031 tax-deferred exchanges, providing an added benefit for investors seeking to optimize their tax strategy. Annual rent increases of 2% are built into the lease, providing for future growth and protection against inflation. This is a rare opportunity to acquire a high-performing industrial asset with significant upside potential in a desirable location. The property's size and lease terms offer a secure and profitable investment for years to come. Don't miss this chance to add a strong performer to your portfolio.