Dowagiac, MI 49047
MLS# 26057214
Rare opportunity to acquire a well-established triple net industrial property featuring a sale-leaseback arrangement with a long-standing business operating since the 1930s. The lease extends through 2039, with over $2.4 million in scheduled rental income and annual 2% rent increases. Current gross potential rent exceeds $172,000 annually, with an additional five-year lease option available. The offering includes approximately 63,000 square feet of industrial space across 7.35 combined acres, consisting of a 6.37-acre industrial site and a separate 0.98-acre parcel, sold together. The owner will cooperate with tax-deferred exchanges. An attractive opportunity for investors seeking long-term income, established tenancy, and contractual rental growth.
Listed by Pat O'Brien · O'Brien Real Estate
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$10,872/mo
$430,000 down · $1,720,000 financed
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