VALUE-ADD INDUSTRIAL INVESTMENT | M-24 FRONTAGE

Multi-Tenant Industrial Asset with Yard Storage Upside

Property Type

Industrial / Flex
Multi-Tenant Investment

Building Size

±19,344 SF
Single-Story | Grade-Level Bays | 480V 3-Phase

Lot Size

~5.0 Acres
Large Paved Apron + Deep Rear Yard

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Investment Opportunity
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VALUE-ADD INDUSTRIAL INVESTMENT | M-24 FRONTAGE

Strategic Small-Bay Industrial Asset with Immediate Value-Add Upside

Located at 2025 N Lapeer Rd, Lapeer, MI, this ±19,344 SF multi-tenant industrial property sits on approximately 5.0 acres along high-visibility M-24. The asset features multiple grade-level bays, 480V 3-phase power, and a large paved apron with deep rear yard — making it highly functional for trades, contractors, service, and distribution users.

Currently generating $5,600/month from two month-to-month tenants, the property offers immediate upside through lease restructuring, NNN/CAM implementation, rent resets to market, and monetization of the excess yard area for outside storage.

±19,344 SF Single-Story Industrial Building
Situated on ~5.0 Acres with Excess Yard Space
Multiple Grade-Level Bays
480V 3-Phase Power
Two M2M Tenants Generating $5,600/Month Gross
Owner-Occupied Suite (Lease at Close or Deliver Vacant)
M-24 Frontage with Strong Visibility
~4.5 Miles to I-69 Access
Clear Path to NOI Growth via NNN + Yard Monetization
Ideal for Trades, Service, Distribution & Storage Users

The property’s multi-tenant configuration provides immediate in-place income with two month-to-month tenants currently generating $5,600 per month gross. The third suite is owner-occupied and can be leased at closing or delivered vacant, offering flexibility for investors or owner-users.

The expansive rear yard creates a clear secondary revenue opportunity through outside storage licensing for trucks, trailers, contractor laydown, or equipment storage. By implementing structured NNN leases with annual escalations and monetizing the yard, ownership can significantly increase NOI with limited capital improvements.

VALUE-ADD INDUSTRIAL INVESTMENT | M-24 FRONTAGE

Multi-Tenant Industrial Investment with Excess Land & Income Growth Potential

This ±19,344 square foot single-story industrial building is positioned on approximately 5.0 acres along the high-visibility M-24 corridor in Lapeer, Michigan. The property features multiple grade-level bays, 480V 3-phase power, and a large paved apron, making it well suited for trades, service operators, light manufacturing, and distribution users.

Two suites are currently leased month-to-month, generating $5,600 per month in gross income. The third suite is owner-occupied and can be leased at closing or delivered vacant, providing flexibility for investors or owner-users.

The deep rear acreage offers a rare opportunity to create additional income through outside storage licensing, including contractor laydown, truck and trailer parking, equipment storage, or RV/boat parking.

With direct frontage on M-24 and approximately 4.5 miles to I-69, the asset benefits from strong regional connectivity to Flint, Port Huron, Canada, and Oakland County.

Property Type: Multi-Tenant Industrial / Flex
Building Size: ±19,344 SF
Lot Size: ~5.0 Acres
Power: 480V 3-Phase
Configuration: 3 Units (2 M2M + 1 Owner-Occupied)
Current Income: $5,600/Month Gross
Value-Add: Convert to NNN + Implement Annual Escalations
Value-Add: Convert to NNN + Implement Annual Escalations
Year Built: 1960
Sale Type: Investment | Call for Offers

WHY THIS INDUSTRIAL ASSET STANDS OUT

Investment Highlights

This multi-tenant small-bay industrial property combines in-place income, excess land, and a clear value-add strategy. With two month-to-month tenants currently generating income and additional yard monetization potential, the asset offers investors a structured path to increased NOI through lease repositioning and operational enhancements.

Positioned along M-24 with convenient access to I-69, the property benefits from strong regional connectivity and durable demand from trades, service, storage, and light industrial users.

Immediate Income with Lease Reset Upside

Two month-to-month tenants generate $5,600 per month in current gross income. Converting these tenants to structured multi-year NNN leases with annual escalations provides a clear path to stabilizing and increasing cash flow.

High-Visibility M-24 Frontage

Direct frontage along N Lapeer Road (M-24) provides strong visibility and convenient access. Located approximately 4.5 miles from I-69, the property supports efficient regional distribution and contractor access to Flint, Port Huron, Canada, and Oakland County.

Yard Monetization & Scalable NOI Growth

The approximately 5-acre site includes deep rear yard space ideal for outside storage licensing. Truck parking, contractor laydown, equipment storage, and RV/boat storage create a secondary income stream with minimal capital investment.