5048 PILGRIM Flint, MI 48507 3909

5048 Pilgrim Rd. has singled itself out as the ideal property for your investment portfolio. This is the first time this 2004 built, 19,481 sq. ft. warehouse/office property on 3.710 acres (with direct I-75 frontage/exposure) has been offered for sale, and opportunity is knocking. Ideally (and centrally) located within a demand Mundy Township business park, this custom building is a mere minutes from I-75, I-475 and US-23 expressway hub access (and a gateway to Oakland County.) Offering 100% (National company) tenancy with a lengthy remaining lease and at a 7.5% CAP rate and NNN lease terms. Large 3.710 acre lot size offers the potential for future expansion. Approx. 15,000 sq. ft. of warehouse space w/multiple overhead doors and docks. 4,481 Sq. ft. of office and conference space. Municipal water/sewer, lawn sprinkler system, security systems, new Carrier 48TCE 7.5 ton packaged HVAC unit installed in 2021. Average CAP rate is approx. 8%.