Warren, , MI triple net sale/leaseback with DWM Holdings
23171 Groesbeck Highway, Warren, MI
Warren, MI triple net sale/leaseback with DWM Holdings Inc. 2 (2) well maintained manufacturing buildings totaling 69,865 sf. DWM Holdings Inc. is offering a 5-year lease term at $5.00 sf NNN, $349,325.00 annually. The lease with options to renew, will be mutually agreed upon by buyer and seller and executed at closing of the sale. The 3-building portfolio is equipped with heavy power, 480/220 volt, buss duct, cranes including a 40-ton exterior yard crane, 16'-22' clear, grade level overheads, truckwells, and several acres of rear concrete lots for outside storage of their poles. All of which are critical to their manufacturing operation. Welding, fabrication, paint lines and warehousing of steel poles occupy the three facilities. United Lighting Standards has been committed to designing, fabricating, finishing, and packaging high quality steel and aluminum poles since 1971. They adhere to standards set forth by AASHTO, ASTM International, and NEMA. All of their products are built using fabricating and welding procedures outlined in the American Welding Society (AWS) manual for steel and aluminum to eliminate welding defects and ensure structural integrity. Currently they have 80 employees with sales in 2017 of $11,000,000.00 United Lighting Standards established their business in 1971 and expanding thereafter, moving to 23171 Groesbeck in 1980, and 24874 Groesbeck in 2007 and then the building next door in 2007.
Commercial & Office Space for Rent
69,865 sq. ft.