Single-Tenant Manufacturing
For Sale
Contact for pricing
18450 15 Mile Rd, Fraser, MI 48026
The property combines industrial production space with office area under an absolute NNN lease.
Property Size186,443 SF
Lot Size14.35 Acres
Days on Market142
Property Features for 18450 15 Mile Rd
General Information
Standard status
Active
Size
186,443 SF
Lot size
14.35 Acres
Property subtype
Industrial
Occupancy
100%
Warehouse & Industrial
Warehouse Space
167,068 SF
Office Build-Out
18,375 SF
Building Details
Building Size
186,443 SF
Tenancy
Single
Listing Agency:
SAB Capital
(646) 809-8856
Listed By:
Asher Wenig · License #10301219652
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 2:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAB Capital
Investment Insights
Based on property information with market context.
Located at 18450 15 Mile Rd in Fraser, Michigan, the property is a substantial manufacturing facility with 186,443 square feet of rentable building area. The improvements include 167,068 SF of industrial space and 18,375 SF of office space across a 14.35-acre site. AAM Metal Forming occupies the property as its sole tenant, supporting a focused industrial use profile.
The lease runs for 25 years, with nearly 16 years remaining in the primary term. Its absolute NNN structure places no landlord obligations on the owner, while scheduled 2% annual base-rent increases apply through the primary and option periods. The agreement also includes two five-year renewal options, providing additional lease-term coverage beyond the initial term.
The lease runs for 25 years, with nearly 16 years remaining in the primary term. Its absolute NNN structure places no landlord obligations on the owner, while scheduled 2% annual base-rent increases apply through the primary and option periods. The agreement also includes two five-year renewal options, providing additional lease-term coverage beyond the initial term.
Key Highlights
- 186,443 square feet of rentable building area on 14.35 acres
- 167,068 SF of industrial space and 18,375 SF of office space
- 100% leased to AAM Metal Forming
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 48026, MI
14,726
Population
6,778
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,592
Density / Sq Mi
$61,118
Median Household Income
$40,198
Median Earnings
$827
Median Rent
$193,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - The property combines industrial production space with office area under an absolute NNN lease.
Where is this manufacturing property located?
The property is located at 18450 15 Mile Rd Fraser, MI.
What are key features of this property?
This property features: 186,443 square feet of rentable building area on 14.35 acres; 167,068 SF of industrial space and 18,375 SF of office space; 100% leased to AAM Metal Forming
