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2116 Mint Road
Lansing, MI 48906
Asking Price
$2.35M
Asset Type
Industrial
Class
Class B
What's Special
30,000 SF Industrial Space for Sale | Lansing, MI <ul><li>30,000 square feet total</li><li>3,200 square feet of office</li><li>Zoned Ind-1</li><li>Ceilings from 15 ft to 26 ft</li><li>New parking lot 2022</li><li>1.247 acres of land</li><li>2 drive in doors</li><li>3 loading docks</li><li>Utilities BWL and Consumers Energy</li><li>3 rest rooms</li><li>Tenant lease until October paying $15,000 per month</li></ul>
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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214
