55 E Silverdome Industrial Park 74,026 SF Industrial Building Pontiac, MI 48342 $16,039,668 CAD ($216.68 CAD/SF)

MISSION CRITICAL TRUCK & VAN UPFITTING CENTER WITH VITAL IOS COMPONENT | STICKY TENANT
* Reading Truck has occupied the premises since February 2007 with ±19.5-year successful operating history, and has renewed / extended their lease several times. With approximately 4.75 years of remaining lease term, 3.50% annual increases, a current rental rate that is ± 26% below market, and a 2031 option at Fair Market Value, the asset represents an exceptionally rare opportunity to acquire mission critical industrial real estate in a premier suburban Detroit location with stable in place income and upside opportunity.
* The site’s ±1.82 acres of IOS is vital to Reading Truck’s operations, providing indispensable staging, parking, and workflow continuity for trucks before and after customization. This outdoor operational capacity supports the tenant’s high volume upfitting process, enabling efficient turnover of OEM chassis, managing multi-vehicle workstreams, and facilitating ship-through fleet deployments that cannot be accommodated within the building footprint alone. Given its heavy daily utilization and irreplaceability within the tenant’s service model, this IOS functionality is exceptionally difficult to replicate elsewhere in the Detroit metro market.
* The Pontiac, MI facility is a mission critical final assembly and upfitting hub, performing essential last mile integration of truck bodies, hydraulic and electrical systems, and accessories. As a ship thru upfitter for major OEMs including Ford, GM, and RAM, the facility enables rapid, road ready fleet deployment and provides ongoing service and repair support—making it a strategically indispensable node in Reading Truck’s nationwide operating network.
TENANT FINANCIAL STRENGTH | NNN LEASE | ATTRACTIVE NOI GROWTH AND UPSIDE
* Reading Truck is a leading U.S. manufacturer and distributor of service and utility truck bodies, with more than 70 years of consecutive operation, and 2025 revenues of ± $360 M, Reading is one of the largest and most respected work truck body manufacturers in North America resulting in a highly secured income stream backing the lease.
TENANT FINANCIAL STRENGTH | NNN LEASE | ATTRACTIVE NOI GROWTH AND UPSIDE
* Prime Pontiac industrial location within Oakland County, offering immediate access to I-75 and M-59, two of Metro Detroit’s most critical logistics corridors. This connectivity enables efficient regional distribution and fast access to Detroit, Auburn Hills, Troy, and the broader Southeast Michigan automotive and manufacturing ecosystem. The property is surrounded by a deep, skilled industrial labor base and sits within one of Michigan’s most established and resilient industrial submarkets.
LOCATION WITHIN THRIVING “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.
* The “Northwest Suburbs” submarket is known for its tight industrial supply, low vacancy levels, strong rent growth, skilled manufacturing labor base, and strategic access to major highway arteries that support advanced manufacturing and automotive suppliers.
* 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.