Two Building Industrial Portfolio - Lansing & Flint

SALE PRICE: $1,025,000 Martin Commercial Properties is pleased to exclusively offer for sale to qualified investors the opportunity to acquire a single-user industrial portfolio occupied by Trane Technologies, located in Lansing & Flint, Michigan. The properties are occupied by Trane Technologies, and serve as crucial operations for their territories. The location at 3350 Pine Tree Road in Lansing has been occupied by Trane since 2001 and serves as a parts store and sale office. The location at 5335 Hill 23 Drive in Flint has been occupied by Trane since 1973 and serves as a sales and operation office, in addition to a service tooling and equipment warehouse. Trane signed a 5-year renewal at both properties, commencing July 21, 2022, and has two 3-year renewal options remaining at each location. The Lansing property is located in an industrial park off Jolly Road, a main corridor in Lansing. Surrounded by similar industrial facilities, the subject property is an attractive size and layout for many users in the market giving the owner future flexibility. Centrally located, the property benefits from easy access to I-496 and I-96 allowing convenient access to the greater Lansing area. The Flint property is located in an industrial park just off the US-23/Hill Road interchange. The building is visible to the roughly 20,000 vehicles that drive by on US-23 daily. The US-23/Hill Rd interchange is home to many national retailers, including Meijer and a new Costco set to open in Spring of 2025.

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