Fev Vehicle Development Center
$5,737,200
1300 Harmon Road, Lake Angelus, MI 48326
For Sale
Industrial
Manufacturing
Active
Last Updated: 07/08/2026
7
Cap Rate
401,604
NOI
Details:
Cap Rate: 7%
NOI: $401,604
Building Size: 28,686 sqft
Lot Area: 6.78 acres
Occupancy: 100%
Year Built: 2019
Highlights:
- Corporate Facility Occupied by FEV North America, Global Engineering & Mobility Solutions Firm With 7,500+ Professionals Across 40+ Locations Worldwide
- Mission-Critical R&D Asset | Purpose-Built Vehicle Development Center Supporting Advanced Mobility, ADAS, Electrification & Autonomous Systems Testing
- Strategic EPA Relationship | FEV Serves as a Trusted Engineering Partner to the U.S. Environmental Protection Agency, Underscoring the Tenant’s Technical Credibility & Mission-Critical Role in Advanced Mobility & Emissions Development
- Located Within Auburn Hills’ Premier Automotive Corridor & Advanced Manufacturing Submarkets
- Newer Construction | Built in 2019 w/ Modern Infrastructure Designed for High-Tech Engineering and Validation Uses
- Strategically Located Adjacent to Stellantis World Headquarters & Surrounded by Major OEM & Tier 1 Suppliers
- Mission-Critical Tenant Location Supporting FEV’s North American Vehicle-Level Development Operations
- High Barrier-to-Replicate Asset w/ Significant Specialized Improvements & Functional Obsolescence Protection
- Part of FEV’s Integrated Auburn Hills Campus | The Hub of Its North American Engineering Platform
- Exposure to Growing Advanced Mobility & Electrification Sectors Rather Than Traditional Office Demand
- Strong Corporate Tenant Backed by $754± Million Global Engineering Platform w/ Deep OEM Relationships
- Dedicated Facility Supporting Mission-Critical Work for Major Automotive Clients Including Ford, GM, & Stellantis
- Strong Real Estate Fundamentals | Limited Supply of Specialized R&D Assets in Highly Strategic Infill Location
Location
Gallery