- For Sale $16,800,000
- Property Type Industrial - Warehouse/Distribution
- Lot Size 21.97 SF
- Date Updated Jul 31, 2025
- 100% leased to Rush Group Limited
- Below-market rent with 3% annual bumps
- Strong industrial submarket (2.8% vacancy)
- Longstanding tenant (15+ years)
Colliers is pleased to offer for investment sale this 219,877 SF fully leased auto parts distribution center located at 4147 Keller Rd, Holt, MI. This high-quality industrial asset sits on 21.97 acres and presents a compelling opportunity to acquire a fully stabilized, single-tenant, net leased investment with strong cash flow and long-term income security.
The entire facility is leased to Rush Group Limited (d/b/a Dakkota Automotive Systems), an automotive tenant with 15+ year historical occupancy, under a net lease generating an annual net operating income (NOI) of $1,429,200. The lease includes 3% annual rent escalations starting November 1, 2026, and extends through October 31, 2028, with two additional five-year renewal options, providing investors with predictable income and future upside.
The property is being offered at an attractive 8.50% capitalization rate based on the current NOI, resulting in an asking price of $16,800,000. This offering provides investors with immediate yield backed by a strong tenant in a growing submarket with long-term potential.
Holt is strategically located within the Lansing MSA, just 90 miles from Detroit and 220 miles from Chicago. The site benefits from proximity to major population centers and a labor pool of over 194,000 within a 7-mile radius. The Lansing industrial market has a current vacancy rate of 2.8%, with average asking rents of $6.94/SF NNN (per CoStar).
This is a rare opportunity to acquire a stabilized industrial investment with strong in-place income, annual rent growth, and a strategic Midwestern location with modern infrastructure. Please contact a member of the team for additional information.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
27/100 Car-Dependent
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Bike Score ®
61/100 Bikeable
- City Holt, MI
- Zip Code 48842
- Market Detroit
Points of Interest
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East Lansing
5.06 miles
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Pacific Pride
0.21 miles
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ChargePoint
0.66 miles
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Mobil
0.82 miles
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Kroger Gas Station
1.32 miles
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Speedway
1.59 miles
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Meijer
2.08 miles
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Tesla Supercharger
2.11 miles
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Blink
5.14 miles
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GE
5.69 miles
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truck parking
2.19 miles
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car parking
2.21 miles
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Visitor Parking, Dart B9
3.37 miles
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Faculty Parking
3.74 miles
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Visitor Parking
3.74 miles
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Student Parking
3.85 miles
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Sporting Events Parking
3.97 miles
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Parking and Drivers Education Practice Lot
4.20 miles
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Lot 201
4.41 miles
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Okemos
4.51 miles
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Domino's
0.48 miles
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Cottage Inn Pizza
0.54 miles
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Sweet Sensations
0.56 miles
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Summerlands Brewing
0.58 miles
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Fat Boys Pizza & Subs
0.75 miles
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Zaytoon
0.87 miles
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Hungry Howie's
1.00 miles
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Subway
1.04 miles
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McDonald's
1.06 miles
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Delhi Cafe
1.10 miles
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Kroger
1.37 miles
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ALDI
1.79 miles
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Target
2.08 miles
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Stock+Field
2.15 miles
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Gordon Food Service
2.18 miles
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Meijer
2.19 miles
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American International
2.22 miles
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Queen Market
2.25 miles
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International Food Mart
2.40 miles
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Asean Food Mart
2.71 miles
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CVS Pharmacy
0.69 miles
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Orthopedic Rehab Specialists, P.C.
0.73 miles
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Advanced Medical Solutions, Inc.
0.75 miles
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Rite Aid
0.77 miles
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Sparrow
0.78 miles
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Lansing Fire Station #4
1.96 miles
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Sparrow Laboratory
2.12 miles
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Central Pharmacy
2.13 miles
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The GI Clinic
2.40 miles
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Michigan Orthopedic Center
2.44 miles
Frequently Asked Questions
The space currently listed for sale at STNL Industrial Investment Facility For Sale in Holt, MI asks for $16,800,000.
STNL Industrial Investment Facility For Sale in Holt, MI totals 219,877 square feet.
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