adient building - loopnet · thomas duke company | 248.476.3700 37000 grand river | farmington...

Thomas Duke Company | 37000 Grand River, Suite 360 | Farmington Hills, MI 48335 ThomasDuke.com | 248-476-3700

O F F I C E B U I L D I N G F O R S A L E

A D I E N T B U I L D I N G1 5 8 0 0 HAG G E RT Y R OA D, P LY M O U T H , M I 4 8 1 7 0

E X E C U T I V E S U M M A R Y : 43600 Grand River Avenue | Novi, MI 48375

Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335

thomasduke.com | 2

PROPERTY OVERVIEWThis 13,000 square foot, free standing salon just renewed their absolute NNN lease for an additional 10 years.

PROPERTY HIGHLIGHTS

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OFFERING SUMMARY

Sale Price: N/A

Price / SF: -

Lot Size: 0.0 Acres

Year Built: 1999

Building Size: 13,136 SF

Zoning: TC, Novi

OFFERING SUMMARY: 37025 Grand River Avenue | Famington, MI 48335E X E C U T I V E S U M M A R Y : 43600 Grand River Avenue | Novi, MI 48375


thomasduke.com | 2


PROPERTY HIGHLIGHTS

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OFFERING SUMMARY

Sale Price: N/A

Price / SF: -

Lot Size: 0.0 Acres

Year Built: 1999


Zoning: TC, Novi

OFFERING SUMMARY: 15800 N. Haggerty Road | Plymouth, MI 48170

PROPERTY HIGHLIGHTS

• Fully Leased, 3 Year Term, commenced, with Tenant options.

• Building Renovation in 2016.

• Substantial Tenant investment into the facility.

OFFERING SUMMARY

Sale Price: $8,850,020.00

rice per SF: $162.49

Parcel Number: 77-052-99-0005-704

Cap Rate: 7.8%

Year Built: 1998

Renovated: 2016


Zoning: OS-OfficeService

PROPERTY OVERVIEWThe Adient Building is located on the Haggerty Road Corridor, just south of Six Mile Road in Plymouth, Michigan. Renovated in 2016, this building is easily accessed from I-275, I-96 and M-14.



thomasduke.com | 2


PROPERTY HIGHLIGHTS

¥

OFFERING SUMMARY

Sale Price: N/A

Price / SF: -

Lot Size: 0.0 Acres

Year Built: 1999


Zoning: TC, Novi

OFFERING SUMMARY: 37025 Grand River Avenue | Famington, MI 48335

Use: Office

Tenancy: Single Tenant

Occupancy: 100%


Land Area: 6.06 acres

Parking: 205 Spaces

Number of Stories: 2

Automotive Users : In Area: Yanfeng, Harmon

Becker, Magna, Johnson

Controls, Lear Corp.& Visteon

Utilities: City Water & Sanitary Sewer

Comment: Newly renovated

The Property is located on the east side of Haggerty Road,

approximately 1 Mile north of 6 Mile. It is also immediately west

of I-275 and is easily accessed from Ann Arbor, Downtown

Detroit, and the northern suburbs.

INVESTMENT OVERVIEW: 15800 N. Haggerty Road | Plymouth, MI 48170



thomasduke.com | 2


PROPERTY HIGHLIGHTS

¥

OFFERING SUMMARY

Sale Price: N/A

Price / SF: -

Lot Size: 0.0 Acres

Year Built: 1999


Zoning: TC, Novi

OFFERING SUMMARY: 37025 Grand River Avenue | Famington, MI 48335

Adient is committed to getting things precisely right since the start. Its how they create superior products for their customers and their end-customers. And its why, in just 30 years of partnering with automakers, they are the leader in the $70 billion automotive seating industry - with nearly double the global market share of their closest competitor. Today, as an independent public company, they have the ability to reinvest in their core business, quickly capitalize on emerging trends and sharpen their focus on innovation - in automotive seating and beyond.

TENANT PROFILE: 15800 N. Haggerty Road | Plymouth, MI 48170

Plymouth - Michigan location. 283,930 Square Feet



thomasduke.com | 2


PROPERTY HIGHLIGHTS

¥

OFFERING SUMMARY

Sale Price: N/A

Price / SF: -

Lot Size: 0.0 Acres

Year Built: 1999


Zoning: TC, Novi

OFFERING SUMMARY: 37025 Grand River Avenue | Famington, MI 48335ADIENT INVESTMENT HIGHLIGHTS:

Renovation: 2016 Three (3) Year Term/Expires: 9/30/19

Asking Price: $8,850,020.00 Cap Rate: 7.8% Current Rental Rate: $16.25 per Sq. Ft., NNN ($0.50 annual increases) Annual Income (Gross): $885,202.50 2017 Annual Expenses: $190,659.00 (approx. $3.50/sf) Net Operating Income: $694,543.00 Price per Sq.Ft.: $162.49



thomasduke.com | 2


PROPERTY HIGHLIGHTS

¥

OFFERING SUMMARY

Sale Price: N/A

Price / SF: -

Lot Size: 0.0 Acres

Year Built: 1999


Zoning: TC, Novi

OFFERING SUMMARY: 37025 Grand River Avenue | Famington, MI 48335RECENT SALE COMPARABLES:


thomasduke.com

R E TA I L E R M A P : 15800 N. Haggert | Plymouth, MI 48170


thomasduke.com

L O C AT I O N M A P S : Adient Building | Plymouth, MI 48170


thomasduke.com

* Demographic data derived from 2010 US Census

POPULATION 1 MILE 3 MILES 5 MILESTOTAL POPULATION 8,353 65,696 199,102MEDIAN AGE 46.4 44.3 41.8MEDIAN AGE (MALE) 44.5 42.0 40.0MEDIAN AGE (FEMALE) 48.0 46.1 43.3

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTOTAL HOUSEHOLDS 3,335 26,728 80,591# OF PERSONS PER HH 2.5 2.5 2.5AVERAGE HH INCOME $93,366 $90,245 $90,413AVERAGE HOUSE VALUE $267,621 $250,327 $266,934

D E M O G R A P H I C S M A P : Adient Building | Plymouth, MI 48170

adient building - loopnet · thomas duke company | 248.476.3700 37000 grand river | farmington...

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