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Self-Storage Facility

Jansen Warehousing

4390 W North Down River Rd, Grayling, MI 49738

Listing Price: $1,450,000

Cap Rate
10.28%
Number of Units
22
Occupancy
100.0%
Rentable SF
43,574
Price/Rentable SF
$33.28
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Jansen Warehousing located in Grayling, Michigan. This facility was built in 1980 and features 13 non-climate-controlled units and nine industrial units totaling at 43,574 net rentable square feet. This is a stabilized and cash flowing facility that benefits from low competition in the area. Jansen Warehousing sits on 7.42 acres of land and is located about 130 miles northeast of Grand Rapids, Michigan.

Investment Highlights

  • Grayling, Michigan Self-Storage and Industrial Offering
  • 43,574 Net Rentable Square Feet | 22 Units
  • Seller Financing Available
  • 100 Percent Physical Occupancy
  • Room to Expand

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Self-Storage Facility

Jansen Warehousing

Listing Price: $1,450,000

Cap Rate
10.28%
Number of Units
22
Occupancy
100.0%
Rentable SF
43,574
Price/Rentable SF
$33.28
Year Built
1980

Investment Highlights

  • Grayling, Michigan Self-Storage and Industrial Offering
  • 43,574 Net Rentable Square Feet | 22 Units
  • Seller Financing Available
  • 100 Percent Physical Occupancy
  • Room to Expand

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Jansen Warehousing located in Grayling, Michigan. This facility was built in 1980 and features 13 non-climate-controlled units and nine industrial units totaling at 43,574 net rentable square feet. This is a stabilized and cash flowing facility that benefits from low competition in the area. Jansen Warehousing sits on 7.42 acres of land and is located about 130 miles northeast of Grand Rapids, Michigan.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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