Holland Charter Township Industrial Park

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1 MULTIPLE SIZED PARCELS/SPLITS AVAILABLE Grand Grand Haven Haven 18 Miles 18 miles PARCELS MAY BE SPLIT OR COMBINED TO MEET YOUR SITE REQUIREMENTS AVAILABLE SIZES: /- Acres Acres Lakeshore industrial sites for sale in Holland Charter Township Industrial Park on Holland s North side. Each Holland Charter Township Industrial Park is certified by the Michigan Economic Developers Association. The certification assures high quality and services. A certified park offers specific advantages including covenants, utilities, roads, lighting, landscaping and setbacks. High-quality/ high-profile settings. Downtown Downtown Holland Holland 4 Miles 4 miles AGENT: TOM POSTMA HOLLAND, MI tom.postma@colliers.com AGENT: JASON DEWITT HOLLAND, MI jason.dewitt@colliers.com

2 Offering Highlights > Designed as a State of Michigan Certified Business Park > Zoned for industrial use > 12 water mains > 10 & 12 sanitary sewers > Boulevard entrance (two 24 lanes) > Paved all-weather interior road with concrete curb and gutter > Adjacent to CSX Railroad > Five miles to seaport > Adjacent to US-31, 4 lane divided highway > Four and Six miles to local airports > Protection covenants > All utilities underground > Various size parcels available > Any parcel can be split to meet specific needs > Tax abatements available Utility Source > Electric Holland Board of Public Works > Telephone: Choice > Natural Gas: Semco > Sanitary Sewer: Holland Charter Township > Storm Sewer: Ottawa County Drain Commission/Road Commission > Water: Holland Charter Township COLLIERS 44 East 8th INTERNATIONAL Street, Ste Holland, East 8th MI Street, 49423Ste. 510 Holland, MI main main fax fax

3 SITE SITE Location: DIRECTIONS TO PROPERTY: West of US-31, between Riley and Ransom PROXIMIITY TO: Major transportion arteries: Downtown Holland: Downtown Grand Rapids: Tulip City Airport: US miles I miles M miles 3.64 miles 30.3 miles 7.00 miles Neighboring Businesses: Big Dutchmen, J.B. Laboratories, Inc., Magna Donnelly Corporation, Peerbolts, Fogg, Request Foods, Inc., Russ Commissary, Royal Sheet Metal, Inc., Environmental Resources Mgmt., Great Lake Woods, Inc., Charles Bowman Company, High- Tech Industries, C.A.M.P., Welch Laboratories, Specialty Heat Treating, Informs Technologies/ Lakeshore Business Forms, Audio Design, Sieger Seeds, The Stow Company, Cynamic Chemical, JB Laboratories, United Manufacturing, Holland Bar Stool, Agritek, Benchmark Wood Studios and EBW Electronics. Park Township Airport: 5.28 miles Gerald R. Ford International Airport: 35.9 miles

4 Hallacy Drive 1(1) 26 Acres $37,000 / $962, Driesenga Drive 3b 5.83 Acres $47,000/ $274,010 SOLD (3) 175 SOLD b PARCEL MAY BE SPLIT a 2b Driesenga Drive Acres $42,000 / $564,060 2a 4.74 Acres $47,000 / $222,780 2b 4.39 Acres $49,500 / $217, (2) COLLIERS 44 East 8th INTERNATIONAL Street, Ste Holland, East 8th MI Street, 49423Ste. 510 Holland, MI main main fax fax

5 SOLD Reflections Drive (4) 3.23 Acres $49,500 / $159, SOLD Greenly Street (5) 6.00 Acres $45,000 / $270,000 Windquest Drive (6) 5.50 Acres $31,090 / $171, COLLIERS 44 East 8th INTERNATIONAL Street, Ste Holland, East 8th MI Street, 49423Ste. 510 Holland, 394 MI main main fax fax

6 Sale Information Street Lot Permanent Acres Price/Acre Sale Price Hallacy $37,000 $962,000 Driesenga $42,000 $564,060 Driesenga 2a Part of $47,000 $222,780 Driesenga 2b Part of $49,500 $217,305 Driesenga 3b Part of $47,000 $274,010 Part of Reflections $49,500 $159,885 Greenly $45,000 $270,000 Windquest $40,714 $171,000 SEV: Taxable Value: Taxes: Possession: Sale Terms: Municipality: Zoning: NA NA Estimates Available At closing Cash/Conventional Holland Charter Township I-2, General Industrial

7

8 Informational Links > ZONING: I-2 GENERAL INDUSTRIAL DISTRICT > TAX INCENTIVES: Abatements on Property Taxes (PA 198, 1974): Property tax incentives are available to eligible businesses to renovate or expand existing manufacturing plants, or to build new plants. The law also allows local communities to use this incentive for high-tech firms or research and development centers that provide high-salaried jobs. The abatements can reduce property taxes, real and personal, (excluding land) for up to 12 years. For an obsolete plant or machinery that is being replaced or restored, the company may be eligible for a 100% exemption from property tax on the value of the improvement. For a new plant, PA 198 allows local units of government to reduce the local millage by 50% and the state to abate the 6-mill statewide education tax. Terms and conditions vary in each community. Personal Property Tax Abatement (PA 328, 1998): Michigan Public Act 328 allows certain communities, of which Holland is officially designated, to abate all new personal property taxes in certain geographic areas in order to stimulate economic development. Abatements include all millage, state and local. The act allows all new personal properties installed by an eligible business after local approval to be 100% exempt from personal property taxes for a specified period determined by the Holland Charter Township. After receiving a resolution from the Board of Trustees, the Michigan State Tax Commission takes final action on this request for abatement. The Holland Charter Township has criteria that must be met in order to qualify for this abatement.

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