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210 Broadus St
Sturgis, MI 49091
Asking Price
$2.42M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
210 Broadus Street, Sturgis, MI 49091 <ul><li>For Sale or Lease: Industrial Condos at Kirsch Industrial Park</li><li>Asking Price: $2,418,000 (Both Condos) | $1,860,000 (Condo 1) | $558,000 (Condo 2) | $31.00 PSF</li><li>Available SF: 14,000 - 78,000 SF (Condos)</li><li>Condo 1: 60,000 SF at 1515 W Chicago Rd</li><li>Condo 2: 18,000 SF at 1525 W Chicago Rd</li><li>Asking Rent: $4.20 - $5.40/SF NNN (Depending on Needs and Requirements)</li><li>Total Building Size: 881,000 SF | Lot: 52 Acres | Built: 1960 | Steel Construction</
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NOI
$80,000
Cap Rate
3.31%
DSCR
0.56
Underwater
Cash-on-Cash
-8.76%
Monthly Payment
$11,962.945
Annual Cash Flow
$-63,555.336
