901 Wayne St

Niles, Michigan

30' Ceiling Height | Low Operating Costs

Property Snapshot

  • Building: 570,712 SF
  • Office SF: 40,712 SF
  • Warehouse SF: 530,000 SF
  • Available Space: 5,000 SF to 555,215 SF
  • Land: 36 +/- Acres
  • Year Built: 1935-1972
  • Zoning: I-2 Industrial (General)
  • Parking: 800 Spaces
  • OH Doors: 3
  • Docks/Levelers: 15
  • Rail Access: Yes
  • Elevator: Yes
  • Lighting: T-8; Metal Halide
  • Ceilings: 14' - 30'
  • Fenced: Yes
  • Power: 13,000 KVA (10.3 MW) Substation
  • Sprinklered: Yes
  • Security: Yes
  • Utilities: Municipal Water & Sewer; T1/T3 Internet Access
  • HVAC: Varies: Gas Furnace; A/C
  • Annual Taxes: $36,000
  • CAM: $0.50 CAM PSF*
  • List Price: $4,500,000
  • Lease Rate: $1.95 - $2.85 PSF NNN
  • Notes: *Includes current year taxes, building insurance & common area maintenance. See Leasing Rates diagram on page 4 for exact PSF lease rates.

Property Details

Available for lease, this former corporate headquarters facility offers 570,712 SF of warehouse/manufacturing space on over 36 acres, and the property is easily divisible. The perimeter of the building is mostly tilt-up concrete against steel frame and is completely fenced with a security station and central security camera system in place. Rail access via 800’ of siding from Norfolk Southern. The 530,000 SF warehouse area features 30’ maximum ceiling height, 15 loading docks and 3 grade-level overhead doors. There is also a 40,000 SF office space area with air conditioning and T1/T3 internet access and 712 SF Mezzanine. Additional building features include a sprinkler fire protection system, T-8 and metal halide lighting, and affordable low-rate electric via an owned, on-site 13,000 KVA (10.3 Mega-Watt [MW]) substation. 

The property is owned wholly or in part by a licensed real estate agent in the State of Michigan.

Location

The property is ideally located at the north boundary of the South Bend & Mishawaka market service area in Niles, Michigan. This facility is located within 4 miles of US-31 and US-12, and within 12 miles of the I-80/90 Indiana Toll Road. This facility is located within 25 miles of the Elkhart intermodel yard, and 90 miles from Chicago. Air terminal service is 20 minutes away. The facility is a certified HUB Zone location.

For More Information Please Contact

Ryan Gableman, CCIM/SIOR
Senior Broker, Partner
574.485.1502 | 574.215.0336 (c)
rgableman@cressy.com

RYAN GABLEMAN, SIOR
Senior Broker
574.485.1502 (o) | 574.215.0336 (c)
ryangableman@cressy.com