本项目是一栋面积约为 116,250 平方英尺混合用途建筑(15,000 平方英尺办公室以及约 101,250 平方英尺工业空间),地处繁华的 Sterling Heights 工业市场 之中,位于Merrill 路 42555 号。本项目出售项目的绝对产权。 这栋高档建筑位于中西部地区发展最红火的工业子商圈内,最近刚刚出租。 楼宇修建于 1978 年,2006 年对 48,250 平方英尺面积进行了翻新。建筑总面积为 68,000 平方英尺的那一部分,原来的净高为 18 英尺,翻新后为 26 英尺。. 租户为 SAS Automotive,是 Faurecia 和 Continental 的合资公司。 公司致力于开发和制造一流的汽车驾驶舱。 SAS Automotive 最近签订了新的 7 年三净租约。. 项目地理位置优越,地区的工业地产需求强劲。即使现租户搬离,本项目也可以快速找到业主。 项目位于 West of Van Dyke/Macomb 子商圈。 该地区也被誉为底特律都市区中发展最健康的工业子商圈。在这个以工业为主的地区中,表现十分抢眼。 这个子商圈中共有 1,277 栋工业建筑,也是底特律城市区中密集度最高的工业区域。 这个子商圈目前保持着该地区历史上最低空置率,低于 1%。 租金也一直比区域工业租金 5.35/SF 的水平高出 0.06 美元。 自2014 年末以来,每年租金都有 10% 的涨幅,由于空置率持续走低,该子商圈自 2013 年以来,租金一直扶摇直上。
100% fee interest for 42555 Merrill Rd (the “Property”), an 116,250 SF (15,000 SF office and +/- 101,250 SF industrial) building located in the highly sought after Sterling Heights industrial market. This asset offers potential investors an opportunity to acquire a high end, recently leased building in one of the strongest industrial submarkets in the Midwest. Built in 1978, the property underwent a 48,250 SF expansion in 2006. The original 68,000 SF portion of the building has 18-foot clearance while the expanded portion offers 26-foot clearance. The tenant, SAS Automotive, is a joint venture between Faurecia and Continental. The company is focused on developing and manufacturing first class auto cockpits. SAS Automotive recently commenced a new 7-year triple net lease. This optimal location of the Property ensures industrial demand should ownership need to re-tenant the space anytime in the future.
The Property is situated in the West of Van Dyke/Macomb submarket. Widely considered one of the healthiest industrial submarkets in the Detroit metro area, West Van Dyke/Macomb boasts impressive metrics in an already robust industrial region. The submarket is home 1,277 industrial buildings, making it the most heavily concentrated industrial area in Metro-Detroit. Simultaneously, the submarket is currently experiencing the lowest vacancy rate in the region’s history at less than 1%. Rental rates hover $0.06 over the regional industrial average at $5.35/SF. This represents a 10% rental rate increase since the end of 2014. As vacancies have continued to contract, the submarket’s rental rates have trended upward year-over-year since 2013.
The Property is located on Merrill Rd between 19 Mile Rd and 18 1/2 Mile Rd. Access to the Property is via two curb cuts along Merrill Rd. Situated a short distance from the intersection of M-59 (Hall Rd) and M-53 (Van Dyke Rd), the Property is ideally positioned at the heart of Automation Alley and at the epicenter of two major Metro-Detroit thoroughfares. Downtown Detroit is located 30 minutes to the south while Auburn Hills is a 20-minute drive to the northwest. Detroit Metro Airport is also accessible via a 45-minute drive to the southwest. This property will be auctioned on Monday, January 1 - Monday, January 1. For information and to register to bid on this property, please visit Ten-X.com.