740 Lenox

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740 Lenox

Portage, MI 49024
Asking Price
Contact for price
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The industrial warehouse is located at 740 Lenox in Portage.
  • This asset provides functional space for industrial business operations.
  • Portage sits within a growing industrial submarket in Michigan.
  • The facility is positioned for logistics and distribution activities.
  • Connectivity to regional transit supports efficient supply chain management.

What's Special

740 Lenox is a warehouse asset situated in Portage, Michigan. This industrial facility provides functional space for businesses requiring logistical capacity within the Kalamazoo metropolitan area. The local economy benefits from a diverse mix of manufacturing and life sciences, supported by convenient access to major regional transportation corridors that facilitate distribution and supply chain connectivity. Given the layout and the existing infrastructure of this industrial site, the property serves as a practical option for warehousing, light manufacturing, or distribution operations. Portage remains a stable suburban market, attracting firms looking for industrial space that balances proximity to local workforce centers with reliable access to statewide transit routes.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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