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Main > United States > USA-Industrial-006
Free-Standing Industrial Property
Free-Standing Industrial Property

United States for Sale : Auburn Hills, Michigan, United States
US$ 14,390,000
An attractive Free-Standing industrial property located in Auburn Hills, Michigan. The property is 100% leased by Solar Energy LLC.

Highlights
•World headquarters for tenat
•Fifteen (15) year lease term with approximately 6 years remaining
•Assumable non-recourse debt in place
•Twenty-two (22) year amortization period with aggressive principal pay down
•Scheduled rent increases in years 2011 and 2014
•167,526 SF building on 12.04 acres

Segment Type
Industrial

Building Size
167,526 sqft

Land Area
12.06 Acres

Cap Rate
9.50%

Remaining Term
6 years

Current NOI
$1,367,012

More Information
Currency: US$
GLA: 15563mē
Land: 48724mē
Yield: 9.5%
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