Offering Memorandum
Investment Sale
Penske Vehicle Services Inc.
2150 Executive Hills Ct
Auburn Hills, Michigan
Auburn Hills, Michigan
eCode:076i
Sales Price
$18,181,416
NOI
$1,090,885
Cap Rate
6.00%
Building Size
114,830 SF
Lot Size
10.22 AC
Year Built
2022
Traffic Count
I-75 (133,658 CPD)
M-59 (97,530 CPD)
Highlights
- 94% Industrial / 6% Office
- New Construction
- 2.75% Annual Increases
- $10M Tenant Investment
- Low Replaceable Rent
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 3,334 | 67,335 | 161,938 |
| Household Income | $66,382 | $89,940 | $123,551 |
| Daytime Pop | 21,840 | 72,411 | 155,631 |
SIMILAR PROPERTIES
Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Madison Heights, Michigan
$4,000,000 | 26,595 SF
