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Investment Highlights

  • Click link to download Offering Memorandum: https://bit.ly/30550w8mileIN
  • STRONG, ESTABLISHED TENANT | CORPORATE GUARANTY | SUBSTANTIAL LEASE TERM REMAINING = ±12.70 YR WALT
  • ABSOLUTE NNN LEASE STRUCTURE - ZERO LANDLORD RESPONSIBILITIES - ATTRACTIVE 3% ANNUAL INCREASES
  • MISSION CRITICAL MANUFACTURING HEADQUARTERS WITH VITAL ± 2.50 ACRE IOS COMPONENT | STICKY TENANT
  • LOCATION WITHIN THRIVING "NORTHWEST SUBURBS" DETROIT, MI INDUSTRIAL SUBMARKET (LOW VACANCY, SCARCE SUPPLY, STRONG RENTS)
  • CURRENT "BLENDED RENT" (BUILDING + IOS RENT) = ± 23% BELOW MARKET (ATTRACTIVE LOW BASIS AND FUTURE UPSIDE POTENTIAL)

Executive Summary

MISSION CRITICAL MANUFACTURING HEADQUARTERS WITH VITAL IOS COMPONENT | STICKY TENANT
* StateFab has maintained its corporate headquarters and primary manufacturing operations in Farmington Hills for more than half a century. The Farmington Hills property serves as StateFab’s Corporate Headquarters and main manufacturing center, containing most of the firm’s equipment, staff, engineering workflows, and fabrication output. The facility is operationally mission critical (see Tenant Profile section in OM for full details).
*The property’s ±2.50 acre IOS yard is vital to StateFab’s operations, providing essential staging and storage capacity for oversized steel fabrications and allowing the company to efficiently manage multi month production cycles and just in time deliveries that cannot be supported without significant outdoor operational space. This outdoor operational flexibility is not easily replicated within the market.
STRONG, ESTABLISHED TENANT | CORPORATE GUARANTY | PASSIVE ABSOLUTE NNN LEASE | LONG TERM WALT
State Fabricators (“StateFab”) is a long standing, highly specialized metal fabrication operator with more than 60 years in business serving automotive, conveyor, robotics, government, and industrial markets.
*The Lease is backed by a corporate guaranty from Integrated Manufacturing Group, LLC, providing additional credit strength beyond the operating entity. The lease features:
-±12.70 years of remaining WALT, offering investors long term passive cash flow.
-Attractive 3% annual increases providing solid NOI growth and a hedge against inflation.
-Absolute NNN lease structure requires ZERO landlord responsibilities.
STRATEGIC LOCATION PAIRED WITH HIGHLY FUNCTIONAL INDUSTRIAL MFG. BUILDING SPECS
*Prime Northwest Detroit suburban location with immediate access to I-96, I-275, and M-5, positioned within Oakland County’s deep engineering and skilled trades labor base and surrounded by major automotive and advanced manufacturing employers. The property possesses strong underlying industrial real estate fundamentals including:
-Functional ±26,571 SF industrial complex across five buildings, including dedicated paint shop and multi bay production areas.
-Efficient loading infrastructure with 13 drive-in doors (up to 16’ x 16’), supporting flexible equipment and material flow.
-Robust power capacity with multiple 400–1,200 amp disconnects, 3 phase service, and structural support for 5 ton cranes.
LOCATION WITHIN THRIVING FARMINGTON HILLS “NORTHWEST SUBURBS” INDUSTRIAL SUBMARKET OF DETROIT, MI | LOW VACANCY / SCARCE SUPPLY / STRONG RENTS
*The property is located within the thriving “Northwest Suburbs” Industrial Submarket of Detroit, MI. The Northwest Suburbs industrial market contains approximately 41 million SF of total industrial inventory.
*As of Q1 2026, the vacancy rate in the “Northwest Suburbs” submarket was a mere 4.4% with only 0.8% SF available for Sublet, ZERO (0) SF currently Under Construction=high demand and scarce supply.

Property Facts

Price $7,302,486 CAD
Price Per SF $274.83 CAD
Sale Type Investment NNN
Cap Rate 6.25%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 6.88 AC
Rentable Building Area 26,571 SF
No. Stories 1
Year Built/Renovated 1950/1980
Tenancy Single
Parking Ratio 0.75/1,000 SF
No. Drive In / Grade-Level Doors 13
Zoning LI-1 - Light Industrial District

Amenities

  • Fenced Lot

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Manufacturing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Manufacturing 99,999 SF - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
23-35-377-037
Land Assessment
$561,070 CAD
Improvements Assessment
$999,995 CAD
Total Assessment
$1,561,065 CAD
  • Listing ID: 40404143

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 30550 Eight Mile Rd, Farmington Hills, MI 48336

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