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Canteen Vending (Compass Group) 8931 E K Ave

41,467 SF Industrial Building Galesburg, MI 49053 £4,616,455 (£111/SF) 5.97% Net Initial Yield

Investment Highlights

  • STRONG FINANCIALS | COMPASS GROUP USA, INC.
  • MISSION CRITICAL LOCATION
  • BUILD-TO-SUIT | PURPOSEFULLY BUILT DESIGN
  • 10-YEAR LEASE | 2% RENT ESCALATIONS
  • 50-YEAR MARKET HISTORY
  • TWO TURNS FROM I-94 | ± 56,000 VPD

Executive Summary

Exclusively Listed By:
Spencer Henderson | Director | 415.315.9287 | shenderson@tradenetlease.com
Scott Scurich | President & Co-Founder | 646.770.0659 | sscurich@tradenetlease.com
In Association With:
Derek Wissner | MI License #: 6501328156

Property Facts

Price £4,616,455 Building Class B
Price Per SF £111 Lot Size 3.61 AC
Sale Type Investment Rentable Building Area 41,467 SF
Net Initial Yield 5.97% Number of Floors 1
Property Type Industrial Year Built 2024
Property Subtype
Warehouse
  • Industrial Distribution
 Tenancy Single
Price £4,616,455
Price Per SF £111
Sale Type Investment
Net Initial Yield 5.97%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 3.61 AC
Rentable Building Area 41,467 SF
Number of Floors 1
Year Built 2024
Tenancy Single

Links

1 of 1

PROPERTY TAXES

Parcel Number 07-15-480-100 Improvements Assessment £0
Land Assessment £0 Total Assessment £370,490

PROPERTY TAXES

Parcel Number
07-15-480-100
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£370,490
(415) 315-9287

Contacts

  • Spencer Henderson
    Spencer Henderson
  • Scott Scurich
    Scott Scurich
  • Camille Renshaw
    Camille Renshaw

  • Listing ID: 29979670

  • Date on Market: 06/11/2023

  • Last Updated:

  • Address: 8931 E K Ave, Galesburg, MI 49053

The Industrial Property at 8931 E K Ave, Galesburg, MI 49053 is currently available for sale. Contact B + E for more information.

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8931 E K Ave, Galesburg, MI for sale Building Photo- Image 1 of 11
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8931 E K Ave, Galesburg, MI for sale Interior Photo- Image 5 of 11
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© 2024 CoStar Group

Canteen Vending (Compass Group) | 8931 E K Ave
(415) 315-9287 x

Canteen Vending (Compass Group) | 8931 E K Ave

1/3

Spencer Henderson

(415) 315-9287

(415) 315-9287

Scott Scurich

(646) 770-0659

x115

(646) 770-0659 x115

Camille Renshaw

(917) 790-1482

(917) 790-1482

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