3141 CHICAGO DR SW, Grandville, MI 49418

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Douglas G. T.

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Building Details:

• Year Built: 1973

3141 CHICAGO DR SW is an industrial property for lease in Grandville, MI.

INVESTMENT SALE: Grand Sales & Surplus - 16 year history as successful Tenant. New lease renewal until 12/31/2015 (approx. 6 years). CPI rent increases annually. Current net rent is approximately $37,000/year, an 11.3 cap rate. Land contract terms available, no banking needed.

TERMS: Land Contract,Cash

SPECIAL NOTES: Land contract terms: $65,000 down payment, 7% interest, 20 years amortized, 60 month balloon

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