Multi-Tenant Industrial Complex 5 Industrial Properties Offered at $5,523,000 in Multiple Locations

The buildings, 927, 933, 945, 951 and 957 Brown Road, are situated in the southeast quadrant of Joslyn and Brown Roads, which connects with Interstate 75 within minutes of the property. The immediate area is well developed with an enviable mix of corporate offices, established national retailers such as Target, Home Depot, Sam’s Club, Great Lakes Crossing Outlets, a 1.355 million square foot enclosed retail mall, and variety of light industrial users.
The 100% occupied property is 50% leased to long-time tenant, Johnstone Supply, under a landlord favorable triple net lease through June 2037. The remaining ten (10) tenants occupy smaller suites ranging in size from 1,200 to 6,000 square feet. Included in the offering is a 2.5-acre vacant land parcel that is situated directly to the west of 927 Brown Road. The site is zoned BIZ, Brown Road Innovation Zone, allowing for additional development of the complex. The limited availability of comparable space in the market allows ownership the opportunity to restructure leases and increase rents upon lease expiration.