Penske Vehicle Services Inc.
$18,181,416
2150 Executive Hills Blvd., Lake Angelus, MI 48326
For Sale
Industrial
Manufacturing
Active
Last Updated: 03/19/2025
6
Cap Rate
1,090,885
NOI
Details:
Cap Rate: 6%
NOI: $1,090,885
Building Size: 114,830 sqft
Lot Area: 10.22 acres
Occupancy: 100%
Lease Type: Triple Net
Year Built: 2022
Tenancy: Single
Floors: 2
Highlights:
- 94% Industrial / 6% Office
- New Construction
- 2.75% Annual Increases
- $10M Tenant Investment
- Low Replaceable Rent
Description:
Landmark Investment Sales is pleased to present the opportunity to acquire Penske Vehicle Services, Inc. in Auburn Hills, MI. The single tenant industrial facility was constructed in 2022 and offers investors an investment grade tenant, with a NNN lease structure (Landlord Roof & Structure).
Documents:
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076i_Penske_Vehicle_Services-Auburn_Hills__MI-OM.pdf
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Location
Gallery
