- For Sale $2,100,000
- Property Type Industrial - Manufacturing
- Property Size 42,168 SF
- Lot Size 6.5 Acre
- Property Tenancy Single Tenant
- Year Built 2000
- Year Renovated 2016
- Date Updated Apr 30, 2024
- Grade Level Doors 3
- HVAC None
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Highlights
- Asking - $2,100,000 | Cap Rate – 7.70% | Current NOI = $161,900
- NN Lease - Landlord Responsible for Roof, Parking Lot, Taxes
- New roof installed in 2019 with 15 year warranty in place
- New parking lot installed on north side of building & new LED motion lights in 2016
- Adjacent to 43 Acre Magna-LexaMar Manufacturing Plant
- North side of building features one dock door and two overhead doors
- South side of building features four dock doors and one overhead door
- Total site area of ±6.50 acres gives ample space for parking and outdoor storage
- Within a 3 mile radius, there are 530k SF of industrial properties with a vacancy rate of 0% indicating limited supply and sustained demand
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Contacts
Location
Getting Around
-
Walk Score ®
6/100
Car-Dependent
-
Bike Score ®
25/100
Somewhat Bikeable
- City Boyne City, MI
- Zip Code 49712
Points of Interest
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Shell
0.84 miles
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Boyne Storage & Fuel Center
1.15 miles
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Marathon
2.17 miles
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Marathon
2.49 miles
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3 M Gas
3.32 miles
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Mobil
3.57 miles
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Marathon
5.58 miles
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Marathon
8.01 miles
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Mobil
8.46 miles
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BP
8.72 miles
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Boyne City School Forest Trail
4.65 miles
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Slashing Road Trailhead
7.76 miles
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Warner Creek Pathway Trailhead Parking
8.14 miles
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Rogers Family Homestead Nature Preserve Parking
8.76 miles
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Krause Rd
9.77 miles
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B.C. Pizza
0.59 miles
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Subway
2.18 miles
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Red Mesa Grill
2.18 miles
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Lake Street Pub
2.20 miles
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Little Caesars
2.52 miles
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Eagle's Nest
3.23 miles
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Pierson's Grill
3.27 miles
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Kilwin's
3.28 miles
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Mountainside Grille
3.57 miles
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Betty's Restaurant
3.59 miles
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Louie's Fresh Market
0.47 miles
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Grain Train
2.14 miles
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Family Fare
2.43 miles
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Save-A-Lot
7.99 miles
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Family Fare
8.92 miles
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Boyne Area Medical Center
2.25 miles
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Boyne City Fire Dept
2.36 miles
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Boyne City Police Department
2.36 miles
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Charlevoix County Sheriff - Boyne Falls Substation
3.51 miles
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Boyne Falls Fire Department
3.51 miles
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Melrose Township Fire Department
5.03 miles
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East Jordan Fire Department
7.93 miles
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East Jordan Police Department
8.06 miles
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East Jordan Family Health Center
8.75 miles
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East Jordan Family Pharmacy
8.75 miles
Frequently Asked Questions
What is the lease rate for Magna - 827 Moll Drive?
Rental asking rate at Magna - 827 Moll Drive is $1,050,000.00/YR.
What is the total square footage of Magna - 827 Moll Drive?
Magna - 827 Moll Drive totals 42,168 square feet.
When was this property built?
Magna - 827 Moll Drive was built in 2000.
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