832 Lenox Avenue

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832 Lenox Avenue

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).

  • Industrial warehouse property featuring 7,784 square feet of space.
  • Located in the city of Portage, Michigan, within the 49024 ZIP code.
  • Well-positioned to serve regional logistics and distribution requirements.
  • Property dimensions facilitate various light industrial and storage use cases.
  • Located in an established suburban market with access to transport routes.

What's Special

Logistics and regional distribution companies looking for efficient storage solutions will find this 7,784 square foot industrial warehouse at 832 Lenox Avenue well-suited to their operations. The property is situated in Portage, Michigan, a region that benefits from a diversified economy and proximity to established transportation corridors in the Midwest. This warehouse provides a flexible environment for light manufacturing, equipment storage, or inventory management for local and regional businesses. Industrial activity in Portage is bolstered by its connectivity to major regional highways, allowing for streamlined transit to surrounding markets. The site structure supports various business requirements, providing a functional footprint for enterprises seeking a presence in a growing suburban area. This asset presents a practical choice for investors or owner-occupiers who require a manageable warehouse space within an established industrial corridor.

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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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