26661 Bunert Rd Warren, MI 48089

The offering features a fee simple interest in a NNN leased, freestanding, corporate signed, Lipari Foods Headquarters and Distribution Center located in Warren, MI, within the Detroit MSA. Lipari Foods Operating Company, LLC, will sign a new 15-year lease with one 5-year option upon escrow closure, demonstrating a long-term commitment to the site. The lease includes 3% annual rental increases throughout the initial term and option periods. The lease is signed by the corporate entity and is NNN with limited landlord responsibilities. Founded in 1963, Lipari Foods is a distributor of perimeter-of-the-store, specialty, and branded food products. The facility encompasses 237,425 square feet on 11.66 acres. The facility is divided into sections to accommodate all aspects of the business, including over 28,000 square feet of office space and over 205,000 square feet of temperature-controlled warehouse space, which includes nearly 23,000 square feet of dock space with 30 dock doors.