Colliers International has been retained as the exclusive advisor for the disposition of 7111 Crabb Road, Temperance, Michigan (the “Property”). The Property is a 756,856 square feet industrial logistics warehouse, Triple Net leased to two long-term credit-tenants: Hollingsworth Logistics Group (“HLG”) and Fiat Chrysler Automobiles (“FCA”). This asset is part of the Monroe County Industrial Submarket and only five minutes north of Toledo, Ohio. Monroe County is also part of the greater Detroit-Warren-Ann Arbor, Michigan Combined Statistical Area.
The asset is a single-story industrial building, totaling 756,856 square feet of net rentable area. The Property is located between Detroit, Michigan and Toledo, Ohio providing optimal logistical access to two critical Midwest markets. Situated just west of Telegraph Road (US-24) & Interstate-75 and east of US-23, the asset’s location provides excellent connectivity to Michigan and Ohio’s most heavily traversed thoroughfares.
This asset offers potential investors the ability to acquire one of the largest warehouse buildings in the Monroe County submarket. Fully leased with substantial remaining term by two strong credit-tenants that occupy the entirety of the building.
Over $6 million of ongoing improvements into the Property.
Strong in place income stream for years to come.
Ideal locale and positioning for optimal logistical operations, especially given the building’s tenant mix.
Well situated with easy access to Interstate-75 and Telegraph Road (US-24), major Midwestern thoroughfares.
Fiat Chrysler Automobile (“FCA”) commenced on a fresh 10 year Triple Net lease in August 2017.
Hollingsworth Logistics Group has several years remaining Triple Net Lease Term; commenced November 2016.
Colliers International has been retained as the exclusive advisor for the disposition of 7111 Crabb Road, Temperance, Michigan (the “Property”). The Property is a 756,856 square feet industrial logistics warehouse, Triple Net leased to two long-term credit-tenants: Hollingsworth Logistics Group (“HLG”) and Fiat Chrysler Automobiles (“FCA”). This asset is part of the Monroe County Industrial Submarket and only five minutes north of Toledo, Ohio. Monroe County is also part of the greater Detroit-Warren-Ann Arbor, Michigan Combined Statistical Area.
The asset is a single-story industrial building, totaling 756,856 square feet of net rentable area. The Property is located between Detroit, Michigan and Toledo, Ohio providing optimal logistical access to two critical Midwest markets. Situated just west of Telegraph Road (US-24) & Interstate-75 and east of US-23, the asset’s location provides excellent connectivity to Michigan and Ohio’s most heavily traversed thoroughfares.
This asset offers potential investors the ability to acquire one of the largest warehouse buildings in the Monroe County submarket. Fully leased with substantial remaining term by two strong credit-tenants that occupy the entirety of the building.
Over $6 million of ongoing improvements into the Property.
Strong in place income stream for years to come.
Ideal locale and positioning for optimal logistical operations, especially given the building’s tenant mix.
Well situated with easy access to Interstate-75 and Telegraph Road (US-24), major Midwestern thoroughfares.
Fiat Chrysler Automobile (“FCA”) commenced on a fresh 10 year Triple Net lease in August 2017.
Hollingsworth Logistics Group has several years remaining Triple Net Lease Term; commenced November 2016.
