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5935 Enterprise Dr
Lansing, MI 48911 Southeast Lansing

$1,736,296 USD

Warehouse For Sale  •  11,760 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 11,720 SF
  • Lot Size 3.71 AC
  • Building Class B
  • Year Built 1991
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning I
10 Transit Score
40 Walk Score

Highlights

TruGreen is the nation's largest commercial and residential lawn care company, servicing over 2.3 million customers annually across its 350+ locations
TruGreen has occupied the facility since 1991 and just recently extended its lease another 5 years, further proving its long-term commitment.
This facility was a former build-to-suit (BTS) specifically designed for the tenant to support their business operations.
Located near I-496 and I-96, which are major East/West and North/South arteries,.
The property is strategically located in one of Lansing's main industrial pockets. Notable nearby tenants with strong synergy include SRS Building Etc
The excess yard space at this location allows for significant Industrial Outdoor Storage (IOS), which is one of the most sought-after asset classes .
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
TruGreen 11,720 SF 12/31/2032

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.4 mi
AirportDriveWalkDistance
Capital Region International 21 min - 10.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Hunter Kirby 512-856-7596 Sands Investment Group Austin, LLC
Hunter Kirby 512-856-7596 Sands Investment Group Austin, LLC