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Fev Vehicle Development Center

$5,737,200

1300 Harmon Road, Lake Angelus, MI 48326

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
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