Livonia Warehouse for rent

Warehouse Description

CBRE's Net Lease Property Group, led by David Hesano, Matt Osieki, and Brendan George, presents the opportunity to acquire a 14,600-square-foot Allied Vaughn building in Livonia, Michigan. Meticulously maintained since its 1973 construction, this facility serves as the headquarters for Allied Vaughn's high-tech archival and digital media business.

The building features high ceilings, climate-controlled media storage, and a comprehensive range of audio/visual equipment. As a sale-leaseback investment with a lease term of approximately four and a half years, the property offers a secured investment with limited landlord responsibilities. Annual rent increases of 2.0% are built into the lease.

Priced below replacement cost and near its vacant value at $89.29 per square foot, this investment provides a compelling opportunity. Allied Vaughn's 17-year occupancy at the property demonstrates its long-term suitability.