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
¥
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
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
¥
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: 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
Building Size: 54,474 SF
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.
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
¥
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 48335
Use: Office
Tenancy: Single Tenant
Occupancy: 100%
Building Size: 54,474 SF
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
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
¥
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 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
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
¥
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 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
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
¥
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 48335RECENT SALE COMPARABLES:
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
¥
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 48335RECENT SALE COMPARABLES:
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com
R E TA I L E R M A P : 15800 N. Haggert | Plymouth, MI 48170
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com
L O C AT I O N M A P S : Adient Building | Plymouth, MI 48170
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
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