320 Engelwood Dr Lake Orion, MI 48359

The Detroit Infill Industrial Portfolio consists of 8 industrial properties throughout the Detroit MSA, totaling 472,515 square feet. The properties are situated in business park settings along major interstates I-75, I-96, and I-275. The portfolio benefits from infill industrial locations and connectivity to the Detroit MSA's 4.3 million population and a labor pool of over 2.0 million workers within a 45-minute drive. The portfolio is 97.5% leased to 8 tenants, with a weighted average tenure of 15.6 years. The weighted average lease term remaining is 3.0 years, offering potential upside through mark-to-market adjustments on in-place rents, which are approximately 15%+ below market on average. There is also near-term upside potential through leasing up a remaining 12,000 SF vacancy, as well as value-add repositioning opportunities at 1935-1955 Enterprise Dr. and 5500 Enterprise Ct. The portfolio's location within 30 minutes of downtown Detroit provides access to skilled labor pools and local/regional connectivity. The properties have been under institutional ownership for over 20 years and are well-maintained, shallow-bay product with immediate income stability.