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INVESTMENT HIGHLIGHTS
- Prominently Located with Frontage along I-96
- Upside available through remaining lease up and providing TI packages to attract new tenants (not offered by current owner)
- Many in place leases are below market with a strong roster of diversified tenants
- Stable Cash-flowing Property with strong, in-place NOI
- 75% Occupied - soft value-add in lease up
- Located within One of the Wealthiest Counties in Michigan
EXECUTIVE SUMMARY
NAI Farbman is pleased to present for sale Alpha Tech Park (the “Property”), an opportunity to acquire four small bay / flex buildings totaling ±192,390 square feet. The site offers easy access to freeways, restaurants, hotels and good housing stock in Wixom, Michigan. It enjoys frontage on the heavily traveled I-96 freeway. Alpha Tech Park has strong In-Place NOI at 75.9% occupancy. A diversified roster of tenants with approx. 25% lease-up makes this soft value-add opportunity in a key Metro Detroit Market.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 192,000 SF |
| Number of Properties | 4 | Total Land Area | 56.24 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 192,000 SF |
| Total Land Area | 56.24 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
48325 Alpha Drive
48325 Alpha Dr, Wixom, MI 48393 |
Flex | 48,000 SF | 2000 | - |
|
Bldg B
48443 Alpha Dr, Wixom, MI 48393 |
Flex | 48,000 SF | 2000 | - |
|
Bldg C
48561 Alpha Dr, Wixom, MI 48393 |
Flex | 48,000 SF | 2000 | - |
|
Bldg D
48679 Alpha Dr, Wixom, MI 48393 |
Flex | 48,000 SF | 2000 | - |
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Alpha Technology Park
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