Industrial

Morrell Group

Auburn Hills, MI

Asking Price

$8,794,038

Cap Rate

6.25%

Lease Type

Abs NNN

Rental Increases

2.00% Annually

Year Renovated

2021

Building Size

77,100 SF

Lot Size

14.80 Acres

INVESTMENT HIGHLIGHTS

Long-Term, Absolute NNN Lease with 2.00% Annual Increases | 13 Years of Base Term Remaining
Adjacent to Massive Industrial Park Anchored by General Motors | 4.3M SF Facility on 344+ Acres with 1,000+ Employees
4 Miles from Chrysler World Headquarters and Technology Center | 5.4M SF Facility on 500+ Acres with 13,000+ Employees

Perfectly Situated with Access to I-75 (107K+ VPD)
Strong Tenant with Operations that Directly Support Surrounding Tenants
Outstanding Demographics in Affluent Submarket | 515K+ Residents with an Average HHI of $132K+ within 10 Miles

Exclusively Listed By

BJ Feller

Senior Vice President & Managing Director
bfeller@northmarq.com +1 773.727.4285
MI Broker #6506047670

Isaiah Harf

Managing Director
iharf@northmarq.com

Christian Tremblay

Vice President
ctremblay@northmarq.com

Blaise Bennett

Associate Vice President
bbennett@northmarq.com

Mark Lovering

Senior Associate
mlovering@northmarq.com

Andy Gatchell

Senior Associate
agatchell@northmarq.com

Jack Collins

Senior Associate
jcollins@northmarq.com

Josh Dicker

Senior Analyst
jdicker@northmarq.com

Nick O'Brien

Senior Analyst
nobrien@northmarq.com

Russell Freeman

Analyst
rfreeman@northmarq.com

Northmarq

303 E Wacker Dr, Suite 1111
Chicago, IL 60601

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