Novelis - Class A STNL Research & Development Facility

Highlights:

• Premier Class A Research & Development Asset
• Leading Global Tenant
• 60% R&D / 40% Office
• Compelling Basis Below Replacement Cost

Description:

Landmark Investment Sales is pleased to exclusively offer Adams North, a rare opportunity to acquire a mission-critical corporate facility leased to a globally recognized industrial leader with a long-term operating commitment, contractual annual rent growth, and highly specialized improvements that would be difficult and costly to replicate.  The facility is 100% leased to Novelis Corporation, the world's largest recycler of aluminum and a leading producer of flat-rolled aluminum products. Purpose-built in 2019, the Property consists of a 56,429-square-foot Class A office/R&D facility featuring a highly efficient 40% office / 60% laboratory-flex configuration, modern construction, generous clear heights, and institutional-quality finishes. Strategically located within Metro Detroit's premier technology and corporate corridor, the Property provides immediate access to M-5, I-96, I-275, and I-696, placing it within minutes of numerous global automotive manufacturers, engineering firms, and advanced manufacturing companies. Novi's exceptional demographics, highly educated workforce, and limited inventory of modern laboratory and research facilities continue to support strong long-term tenant demand and significant replacement barriers.

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