4908 Contec Dr 5, Lansing, MI 48910-7101

This exceptional investment opportunity presents a fully occupied, single-tenant industrial warehouse located at 4908 Contec Dr, Lansing, MI 48910. The property boasts 30,770 square feet situated on a 2.2-acre lot within a Lansing industrial park. Built in 1999 and renovated in 2019, the building features 24-foot ceilings, two loading docks with two dock-high doors, and a functional layout combining 6,720 square feet of office space with 24,050 square feet of warehouse space. The property benefits from a highly desirable location, offering easy access to I-496 and I-96, ensuring convenient connectivity throughout the greater Lansing area. Currently operating under a net lease with a long-term tenant, Extend Your Reach (EYR), a well-established mail and marketing company, this asset provides a stable income stream with an 8.00% cap rate. The property is zoned Ind-I, Suburban Industrial, and its size and layout offer adaptability for future users, providing long-term flexibility for investors. The asking price is $2,300,000. The property's APN is 33-01-55-710-000.