4808 Empire Way Lansing, MI 48917-9579
- Manufacturing properties
- 50,000 SF
- 4.22 lot acres
May 05, 2025
Current Use by Public Records
- Wiebe Transport / Trucking Company
- TFT Global Inc. / Warehouse
Property Details for 4808 Empire Way
- Year built
- 2016
- Lot size
- 4.22 lot acres
- Property size
- 50,000 SF
- Zone code
- NONE
- Property type
- Manufacturing properties
- APN
- 040 084 800 170 01
- APU
- 4008480017001
Description
Exceptional investment opportunity in Lansing, Michigan. This single-story, 50,000-square-foot warehouse boasts a 7.35% cap rate and is situated on a 4.23-acre lot. Built in 2016, the property features 2,248 square feet of office space and 47,665 square feet of warehouse space, perfect for industrial operations. The building includes six loading docks and a 25-foot ceiling height, providing ample space for efficient logistics. The property is zoned I-Industrial and benefits from a 100% occupancy rate under a long-term net lease with TFT Global, Inc., a sequencing center for door panels supplying the nearby GM Delta Assembly plant (only 3 miles away). The asking price is $5,440,000, translating to $108.80 per square foot. This is a prime opportunity for investors seeking a stable, high-return industrial asset in a strategic location. The property's strong tenant and location contribute to its exceptional investment potential. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.6454
- Latitude
- 42.6857
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
