该资产为潜在投资者提供了在高增长的工业子市场中获得高端，长期租赁建筑的机会。建于1981年，物业于1991年进行重大修缮。租客，RMT伍德沃思热处理公司已有超过40年提供多种热处理服务的经验。由三个设施组成，RMT自2007年以来已经占用了45755五英里路。该物业作为一个仓储/仓储设施，利用四条巨大的炉管线。RMT将于2018年3月开始新的10年三网融合租赁。如果租户腾空，物业的最佳位置确保满足工业需求，业主可以重新租用空间。 尽管南部I-275走廊子公司实力雄厚，但往往会被Metro-Detroit的一些较为突出的工业子市场（如奥本山，Van Dyke / Macomb西部）掩盖。然而，南I-275走廊正在迅速发展，更具体地说，作为最佳的制造和物流枢纽获得了声誉。南I-275走廊现有库存1600多个工业大楼，空置率高达3.8％，自2012年以来该数据一直持续下降。平均租金为5.16美元/平方英尺，自2012年以来持续同比增长。租金在过去12个月中大部分增长，至今涨幅超过$ 0.50 / 平方英尺。 南I-275走廊子市场的大部分积极趋势可归因于其在密歇根州东南部地区的位置。
This asset offers potential investors an opportunity to acquire a high end, long term leased building in a high growth industrial submarket . Built in 1981, the Property underwent significant renovations in 1991. The Tenant, RMT Woodworth Heat Treating has offered a variety of heat treating services for over 40 years. With an operation comprised of three facilities, RMT has occupied 45755 Five Mile Road since 2007. The Property serves as a warehousing/storage facility that utilizes four massive furnace lines. RMT’s current lease on the building is 10 years and 9 months, with one (1) 10-year option to renew.
Despite its significant strength, the Southern I-275 Corridor submarket can often be overshadowed by some of Metro-Detroit’s more prominent industrial submarkets such as Auburn Hills and West of Van Dyke/Macomb. However, the Southern I-275 Corridor is rapidly growing and more specifically, garnering a reputation as an optimal manufacturing and logistical hub. Home to an existing inventory of over 1,600 industrial buildings, the Southern I-275 Corridor posts a strong vacancy rate of 3.8%, which has been consistently decreasing year-over-year since 2012. The average rental rate is $5.16/SF with continuous year-over-year growth since 2012. Rents have seen the majority of their growth in the past 12 months, with rates increasing over $0.50/SF year-to-date.
Much of the positive trend seen in the Southern I-275 Corridor submarket can be attributed to its location within the region of Southeast Michigan. Located on the western edge of Metro-Detroit, the submarket is home or proximate to a large number of major industrial tenants and offers unparalleled access to both technology centric Ann Arbor and Detroit Metropolitan Airport (DTW).
The Property is located on Five Mile Road between Beck Road and Sheldon Road. Access to the Property is via one curb cut along Five Mile Road and two curb cuts along Cleat Street. Situated 5 minutes from the I-96/I-275 interchange, the Property has quick and convenient access to Metro-Detroit’s extensive highway system. This places the Property 25 minutes from DTW, 20 minutes from Ann Arbor, and 30 minutes from downtown Detroit. This property will be auctioned on Monday, January 1 - Monday, January 1 . The price displayed is the starting bid amount of $5,800,000. For information and to register to bid on this property, please visit Ten-X.com.
