15
800 E THIRD STREET BUCHANAN, MI 49107 • 262,988 SF Total • 256,000 SF Industrial Building #1 • 18’ Ceiling Height • I-2 Zoning • PPN #58-0700-0004-00-1 • City of Buchanan, Berrien County • AV (2013) $916,900 & TV (2013) $961,900 • 2013 Property Taxes $54,431.85-Summer / $2,351.63-Winter • 6,988 SF Office #2 Stand-Alone Building Available For Sale $235,000 OFFERING INCLUDES BOTH BUILDINGS #1 & #2 $2,450,000 This multi-tenant industrial building is located in the City of Buchanan. Clark Equipment Company was headquartered at this facility and left in 1990. 262,988 SF on 12.4 acres are home to Jack-Post, Vickers, and Bosch. Currently, 54.97% occupied with triple net (nnn) leases. On the premises, and part of the total square footage, is an office building of 6,988 SF, which is available for sale as a stand-alone purchase, subject to city approval. Kent Carpenter [email protected] * ATTENTION: Please be advised that this property is subject to a court appointed receivership and all sales are contingent upon Court approval. Cooperating brokerage fees will only be paid to brokers who represent a client that closes on the transaction. A full price offer does not entitle a cooperating broker to a commission unless its client is the party approved by the Court and closes on the transaction. All information provided is deemed reliable but is not guaranteed and should be independently verified. FOR SALE Amicus Management, Inc • 555 Cascade West Parkway SE • Grand Rapids, MI 49546 • (616) 954-2000 Daniel J. Yeomans, President, MBA, CCIM [email protected] Buchanan Road Buchanan Road US US 31 31 Pulaski HWY US-12 Pulaski HWY US-12 Walton Walton

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Page 1: 800 E Third Buchanan Marketing Package - Amicus Management · Currently, 54.97% occupied with triple net (nnn) leases. On the premises, and part of the total square footage, is an

800 E THIRD STREETBUCHANAN, MI 49107

• 262,988 SF Total • 256,000 SF Industrial Building #1• 18’ Ceiling Height• I-2 Zoning• PPN #58-0700-0004-00-1• City of Buchanan, Berrien County• AV (2013) $916,900 & TV (2013) $961,900• 2013 Property Taxes $54,431.85-Summer / $2,351.63-Winter• 6,988 SF Offi ce #2 Stand-Alone Building Available For Sale $235,000OFFERING INCLUDES BOTH BUILDINGS #1 & #2

$2,450,000

This multi-tenant industrial building is located in the City of Buchanan. Clark Equipment Company was headquartered at this facility and left in 1990. 262,988 SF on 12.4 acres are home to Jack-Post, Vickers, and Bosch. Currently, 54.97% occupied with triple net (nnn) leases. On the premises, and part of the total square footage, is an offi ce building of 6,988 SF, which is available for sale as a stand-alone purchase, subject to city approval.

Kent [email protected]

* ATTENTION: Please be advised that this property is subject to a court appointed receivership and all sales are contingent upon Court approval. Cooperating brokerage fees will only be paid to brokers who represent a client that closes on the transaction. A full price off er does not entitle a cooperating broker to a commission unless its client is the party approved by the Court and closes on the transaction. All information provided is deemed reliable but is not guaranteed and should be independently verifi ed.

FOR SALE

Amicus Management, Inc • 555 Cascade West Parkway SE • Grand Rapids, MI 49546 • (616) 954-2000

Daniel J. Yeomans, President, MBA, [email protected]

Buchanan RoadBuchanan Road

USUS3131

Pulaski HWY US-12Pulaski HWY US-12

Walton

Walton

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EXTERIOR PHOTOS

Page 3: 800 E Third Buchanan Marketing Package - Amicus Management · Currently, 54.97% occupied with triple net (nnn) leases. On the premises, and part of the total square footage, is an

INTERIOR PHOTOS

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4

AERIAL PHOTOS

E Front StreetE Front Street

N R

ed B

ud T

rail

N R

ed B

ud T

rail

River Street

River Street

Pulaski Hwy US-12Pulaski Hwy US-12

US-31US-31

Niles Buchanan RoadNiles Buchanan Road

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5

AERIAL PHOTOS

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6

AERIAL PHOTOS

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DEMOGRAPHICS

Page 8: 800 E Third Buchanan Marketing Package - Amicus Management · Currently, 54.97% occupied with triple net (nnn) leases. On the premises, and part of the total square footage, is an

DEMOGRAPHICS

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

13

12

11

10

9

8

7

6

5

4

3

2

1

0

2013 Household Income

<$15K12.5%

$15K - $24K24.6%

$25K - $34K9.7%

$35K - $49K13.1%

$50K - $74K19.7%

$75K - $99K9.6%

$100K - $149K8.0%

$150K - $199K1.4%

$200K+1.5%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

8580757065605550454035302520151050

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DEMOGRAPHICS

Page 10: 800 E Third Buchanan Marketing Package - Amicus Management · Currently, 54.97% occupied with triple net (nnn) leases. On the premises, and part of the total square footage, is an

DEMOGRAPHICS

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

4.5

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

1413

12111098

76543

210

2013 Household Income

<$15K12.6%

$15K - $24K19.0%

$25K - $34K13.1%

$35K - $49K13.4%

$50K - $74K20.0%

$75K - $99K9.8%

$100K - $149K8.6%

$150K - $199K1.3%

$200K+2.1%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

80

70

60

50

40

30

20

10

0

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DEMOGRAPHICS

Page 12: 800 E Third Buchanan Marketing Package - Amicus Management · Currently, 54.97% occupied with triple net (nnn) leases. On the premises, and part of the total square footage, is an

DEMOGRAPHICS

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

4.5

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

14131211109876543210

2013 Household Income

<$15K13.6%

$15K - $24K16.4%

$25K - $34K13.6%

$35K - $49K13.3%

$50K - $74K20.5%

$75K - $99K10.3%

$100K - $149K9.0%

$150K - $199K1.5%

$200K+2.0%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

80

70

60

50

40

30

20

10

0

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TRAFFIC COUNTS

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14

THE AMICUS PROCESS

Market Reach

All of our listings are populated to all of these websites for maximum internet exposure. The websites, in turn, produce many opportunities to be found by various search engines based on keywords distinctly featuring your property. Many details are gathered on a lease or purchase opportunity before ever calling the agent representing the property.

49,95049,950

CPIXCPIX

http://www.cpix.net

A commercial information exchange (CIE), serving

The State of Michigan.

41,98341,983

Commercial IQCommercial IQ

http://commercialiq.com

A national commercial real estate search engine,

drawing thousands of visitors daily.

23,47323,473

SiteLink CompaniesSiteLink Companies

http://southlandcommercial.catylist.com

Members that use SiteLink to display listings on

their company websites.

3,1833,183

Oodle ClassifiedsOodle Classifieds

http://oodle.com

One of the world's largest classifieds services.

2,4392,439

GoogleGoogle

http://google.com

The world's leading search engine.1,4301,430

MEDCMEDC

http://michigan.catylist.com

A local Economic Development organization.

881881

RofoRofo

http://rofo.com

A tenant-focused search engine for office, retail,

and industrial space.

820820

CIMLSCIMLS

http://cimls.com

A national commercial/investment MLS with over

100,000 registered members.

584584

LinkedInLinkedIn

http://linkedin.com

A business-oriented social network with over 100

million members worldwide.

334334

OfficeSpaceOfficeSpace

http://officespace.com

A tenant-focused search engine for office, retail,

and industrial space.

276276

YahooYahoo

http://yahoo.com

One of the world's largest search engines.239239

DEGCDEGC

http://degc.catylist.com

A local Economic Development organization.

22

Pensacola AoRPensacola AoR

http://www.gulfcoastcmls.com

A commercial information exchange (CIE), serving

the Gulf Coast Region.

22

KAARKAAR

http://www.kaarcie.com

A commercial information exchange (CIE), serving

The Knoxville Area.

22

PropBotPropBot

http://propbot.com

A national search engine for commercial real estate.11

LACDBLACDB

http://www.lacdb.com

A commercial information exchange (CIE), serving

The State of Louisiana.

11

MFCREMFCRE

http://www.mfcre.com

A commercial information exchange (CIE), serving

Central and SW FL.

11

PARPAR

http://www.parcie.com

A commercial information exchange (CIE), serving

The State of Pennsylvania.

11

WCIEWCIE

http://www.ciewisconsin.com

A commercial information exchange (CIE), serving

The State of Wisconsin.

11

PropertySharkPropertyShark

http://propertyshark.com

A property research database covering major

markets.

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THE AMICUS PROCESS

15

Marketing Research

193193

BingBing

http://bing.com

A search engine powered by Microsoft.179179

Vast ClassifiedsVast Classifieds

http://vast.com

A leading vertical search platform for real estate

with millions of users a month.

139139

ICREXICREX

http://www.icrex.net

A commercial information exchange (CIE), serving

The State of Indiana.

123123

CatylistCatylist

http://sitefinder.catylist.com

A commercial information exchange (CIE), serving

the State of Michigan.

112112

Oakland County BDSOakland County BDS

http://globaloakland.catylist.com

A local Economic Development organization.7979

Monroe County IDCMonroe County IDC

http://monroecountyidc.catylist.com

A local Economic Development organization.

7777

GRCCGRCC

http://thegrcc.catylist.com

A local Economic Development organization.4848

REMATRIXREMATRIX

http://rematrix.com

A Canadian commercial real estate portal.

4444

Wayne County EDGEWayne County EDGE

http://waynecounty.catylist.com

A local Economic Development organization.3939

City of FentonCity of Fenton

http://cityoffenton.catylist.com

A local Economic Development organization.

2828

Enterprise Group of JacksonEnterprise Group of Jackson

http://enterprisegroup.catylist.com

A local Economic Development organization.2626

Ann Arbor SPARKAnn Arbor SPARK

http://annarborusa.catylist.com

A local Economic Development organization.

2626

City of NoviCity of Novi

http://investnovi.catylist.com

A local Economic Development organization.2424

City of Auburn HillsCity of Auburn Hills

http://auburnhills.catylist.com

A local Economic Development organization.

2323

LEAPLEAP

http://leapinc.catylist.com

A local Economic Development organization.2222

CALVCALV

http://www.calv.org

A commercial information exchange (CIE), serving

The Greater Las Vegas Area.

2020

East LansingEast Lansing

http://eastlansing.catylist.com

A local Economic Development organization.77

NICARNICAR

http://www.nicarx.com

A commercial information exchange (CIE), serving

Northern Illinois.

55

The RCA of MAThe RCA of MA

http://www.masscie.com

A commercial information exchange (CIE), serving

The State of Massachusetts.

33

NECPENECPE

http://www.newenglandcommercialproperty.com

A commercial information exchange (CIE), serving

New Hampshire, Maine, Vermont, Massachusetts.

33

KCREAKCREA

http://www.kcrea.com

A commercial information exchange (CIE), serving

The State of Kentucky.

33

OAROAR

http://www.ohiocommercialsource.com

A commercial information exchange (CIE), serving

The State of Ohio.

22

Pikes Peak RSCPikes Peak RSC

http://www.coloradospringscommercialproperties.com

A commercial information exchange (CIE), serving

The Colorado Springs Area.

22

The MEDCThe MEDC

http://medc.catylist.com

A commercial information exchange (CIE), serving

the State of Michigan.