Office Evolution & Venture X (Sale-Leaseback)

Highlights

• Office Evolution and Venture X - new 15-year NNN leases commence at close of escrow
• Personal/Franchisee Lease Guarantee
• Annual 2% rent escalations
• Located in Farmington Hills (Oakland Country, MI) – One of the Wealthiest in the Country
• Anchored by industry leaders Office Evolution and Venture X
• State-of-the-Art facilities and amenities
• A historically high occupancy rate - strong market appeal and consistent performance
• A 9.23% blended cap rate over the 15-year holding period

Description

Introducing a prime investment opportunity in Farmington Hills, Michigan: 31600-31700 W 13 Mile Rd. This impressive 50,412 SF office building offers an exceptional investment prospect. The property features new 15-year NNN leases with Personal/Franchisee Lease Guarantee and annual 2% rent escalations.

Farmington Hills, located in Oakland County, Michigan—one of the wealthiest counties in the United States—is a thriving and dynamic community renowned for its high quality of life. Positioned strategically along Orchard Lake Road, a major corridor for shopping, dining, and business, Farmington Hills offers exceptional connectivity to neighboring areas and serves as a vibrant commercial hub.