AQRE Advisors is pleased to present the opportunity to acquire the subject property located at 4410 13th St, Wyandotte, MI 48192 (“Property”). The 17,020 SF single-tenant building is situated on ±3.34 AC of land and is 100% occupied by HPS Fabrications Inc. (“Tenant”). The Tenant has long-term operating history at this location and has agreed to sign a new, 10 year lease at the close of escrow.
- 10-Year Absolute Triple Net (NNN) Lease: Zero Landlord Responsibilities.
- 10% Rental Rate Increase in Year 6.
- Premier Metal Fabrication & Engineering Company in business since 1985.
- Tenant’s sales growth is supported by an extensive client list: Ford, Toyota, GM, US Army, Navy & Air Force, Corewell Health, etc.
- Tenant has made significant CapEx investments within the last 3-years.