Property Size :
Warehouse :
14,600 SF
# 17324
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.
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Extensive Local Expertise: Our team has a proven track record in helping businesses find suitable warehouse spaces for rent across Livonia.
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Cost-Saving Opportunities: Our expertise in rental negotiations can lead to significant savings through free rent periods, early occupancy options, reduced rental rates, and more.
Don't miss this opportunity to find the ideal warehouse space in Livonia, MI. For more details on 11923 Brookfield Street and other available properties, contact us at (833) 556-5511 or fill out our online contact form for a free property availability report.
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