Available For Sale - Industrial , Warehouse

12,300 SF | Show Pricing $

AVAILABILITY DETAILS

Size
12,300 SF
Price/SF
Show Pricing $
Listing ID
SA468200
Notes
olliers is pleased to present this Archrock leased property located in the Gaylord, Michigan MSA. The subject property is a total of 12,300-rentable square feet on 2.84 Acres, located at 1850 Engel Drive in Gaylord, MI. The tenant has occupied the property since May 2000. The Base Rent increases 2.00% annually throughout the term.



Features:

• Archrock is a publicly traded company with $875 Million in revenue and adjusted EBITDA* of $415 Million for the year ending 2020

• Tenant has a 20+ year operating history at this location

• Archrock is the largest outsourced compression provider in U.S. with geographic diversity across all major U. S. gas & oil basins.



Sale Price: $1,200,000

Cap Rate: 8.00%
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brenna Leach, Colliers