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25040 Van Born Rd
Dearborn Heights, MI 48125
Industrial Property For Sale
Investment Highlights
- Longtime Historical Occupancy: United Precision has been operating at this site for over 70 years
- Strong traffic counts over 24,000 vehicles per day
- Six (6) drive-ins and ample parking (1.34/1,000 sq ft)
- Inflation Hedging & NOI Growth: 3% annual bumps taking effect upon Lease Commencement
- Densely populated area with over 101,000 residents within a 3-mile radius of subject property
- Healthy rent-to-revenue ratio (speak with brokerage team for additional information)
Executive Summary
Savills is pleased to offer for sale a 14,976 square-foot single-tenant
aerospace/precision manufacturing property located in Dearborn Heights, MI.
The subject property is 100% occupied by United Precision Products Company,
Inc. (UPP).
At the time of sale, United Precision will sign a 15-year lease. The lease will be
on an Absolute NNN basis, whereby Landlord has zero responsibilities. The
lease will contain 3% annual escalations.
United Precision is a Tier 1 precision aerospace components manufacturer with
70+ years of operating history. They manufacture high-quality, precision-made
fasteners and related hardware, and specialty machined parts for the aerospace
market, specifically for commercial/general aviation and defense end markets.
Some notable clients include Rolls-Royce, Boeing, Raytheon, UTC Aerospace
Systems, Gexpro, Pratt & Whitney Canada, Bell Flight, and Pattonair.
aerospace/precision manufacturing property located in Dearborn Heights, MI.
The subject property is 100% occupied by United Precision Products Company,
Inc. (UPP).
At the time of sale, United Precision will sign a 15-year lease. The lease will be
on an Absolute NNN basis, whereby Landlord has zero responsibilities. The
lease will contain 3% annual escalations.
United Precision is a Tier 1 precision aerospace components manufacturer with
70+ years of operating history. They manufacture high-quality, precision-made
fasteners and related hardware, and specialty machined parts for the aerospace
market, specifically for commercial/general aviation and defense end markets.
Some notable clients include Rolls-Royce, Boeing, Raytheon, UTC Aerospace
Systems, Gexpro, Pratt & Whitney Canada, Bell Flight, and Pattonair.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.45% | Year Built | 1953 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.34/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 0.72 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 14,976 SF | ||
| Zoning | I - Industrial | ||
| Sale Type | Investment |
| Cap Rate | 8.45% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 14,976 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Tenancy | Single |
| Parking Ratio | 1.34/1,000 SF |
| No. Drive In / Grade-Level Doors | 6 |
| Opportunity Zone |
Yes |
| Zoning | I - Industrial |
Property Taxes
| Parcel Number | 33-043-99-0025-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $326,323 CAD |
Property Taxes
Parcel Number
33-043-99-0025-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$326,323 CAD
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