State of Michigan Portfolio

Investment Overview

Investment Highlights

• Two-Property State of Michigan Portfolio – Opportunity to Acquire Two Free-Standing Office and Industrial Properties Totaling 40,641 SF Across 2.18 Acres in Lansing, Michigan.
• Diverse Office & Industrial Portfolio – 1001 Terminal Rd Features a 30,696 SF Office/Industrial Facility with 25,696 SF of Office Space and 5,000 SF of Industrial Space, While 914 Terminal Rd Is a 9,945 SF Industrial Warehouse Constructed with Metal, Fully Insulated and Air Conditioned.
• Strategic Government Tenancy & Lease Structure – Both properties are single-tenant State of Michigan facilities supporting critical emergency preparedness and public health operations, with both 1001 Terminal Rd and 914 Terminal Rd featuring Gross lease structures
• Functional Industrial Features & Site Improvements – 1001 Terminal Rd Features Two Drive-Ins, a Fenced Lot and 120 Surface Parking Spaces, While 914 Terminal Rd Includes One Drive-In, One Truck Well and Four Surface Parking Spaces.
• Strategic Lansing Location – Located Just Blocks from One Another Within a Dense Retail Corridor Surrounded by National Tenants Including Walmart, Ace Hardware, McDonald's, Taco Bell and Many More, with Convenient Access to Capital Region International Airport.
• Strong Market Fundamentals – Located in the Grand Rapids, MI MSA, a Top 75 MSA Ranked #51 in the U.S., with 5,100+ People Residing Within a 1-Mile Radius, 51,400+ People Residing Within a 3-Mile Radius, 71,000+ to 72,000+ Daytime Employees Within a 3-Mile Radius, and Projected +1.08% Population Growth in the surrounding area