5100 Lakeshore Rd Lexington, MI 48450
- Industrial properties
Current Use by Public Records
- Custom Agronomics / Food Production
- Shur-Co of Michigan / Manufacturer
Property Details for 5100 Lakeshore Rd
- Property type
- Industrial properties
- APN
- 150-025-100-110-00
- APU
- 15002510011000
Description
This exceptional investment opportunity presents a fee-simple interest in a 49,000-square-foot manufacturing facility situated on a 7.96-acre lot at 5100 Lakeshore Rd, Lexington, Michigan, 48450. The property, fully occupied at 100% capacity, consists of four buildings totaling 49,000 square feet, recently renovated in 2023. The property is currently under a triple-net (NNN) lease with a corporate guarantee, providing a secure and stable income stream. The single tenant, Custom Agronomics, is a reputable formulator of liquid nutrients, specialty chemistries, high-performance wetting agents, and surfactants. This presents a compelling investment opportunity due to the strong tenant, long-term lease, and the strategic location in Sanilac County, Michigan. The asking price for this turnkey industrial property is $5,250,000. The property's robust construction and recent renovations ensure long-term value and minimal maintenance requirements. This is a rare chance to acquire a high-quality, net-leased industrial asset with a strong tenant and significant upside potential. The property's location offers easy access to major transportation routes, further enhancing its appeal to investors seeking a stable and profitable investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Sanilac
- State
- Michigan
- Longitude
- -82.533
- Latitude
- 43.2788
