Single-Tenant NNN
For Sale
Contact for pricing
2020 Taylor Road, Auburn Hills, MI 48326
Office, flex, and R&D facility occupied under a corporate-backed net lease.
Property Size192,308 SF
Price / SF$293.33
Days on Market188
Property Features for 2020 Taylor Road
General Information
Standard status
Active
Size
192,308 SF
Property subtype
Office
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$3,807,594
Building Details
Year Built
2016
Year Renovated
2024
Buildings
2
Units
348
Tenancy
Single
Building Size
192,308 SF
Listing Agency:
Stream Capital Partners
Listed By:
Graham Gold · License #475164964
(312) 899-6664
Source:
Crexi
Added: Apr 15
Changed: Oct 8
Last Checked: Oct 16 at 9:21AM
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 Stream Capital Partners
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Investment Insights
Based on property information with market context.
The asset is a 192,308-square-foot office, flex, and R&D facility completed in 2016. It is fully leased to TI Group Automotive Systems LLC, with the lease obligations supported by a corporate guarantee from TI Fluid Systems Limited, a UK corporation.
The property operates under a triple-net lease with 13.44 years remaining and a stated expiration date of 4/12/2039. Annual CPI-based escalations range from 1.5% to 3%. The facility is located at 2020 Taylor Road in Auburn Hills, Michigan 48326.
The property operates under a triple-net lease with 13.44 years remaining and a stated expiration date of 4/12/2039. Annual CPI-based escalations range from 1.5% to 3%. The facility is located at 2020 Taylor Road in Auburn Hills, Michigan 48326.
Key Highlights
- 192,308‑square‑foot office, flex, and R&D facility
- 100% leased to TI Group Automotive Systems LLC
- Corporate guarantee from TI Fluid Systems Limited, a UK corporation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,989,003
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$39,780,060
$39.8M
Cap Rate 7%
$28,414,329
$28.4M
Cap Rate 9%
$22,100,033
$22.1M
Market Conditions
NOI Build-Up for 192,308 SF
Gross rent
$3.46M $18.00/SF
− Vacancy
−$401.5K −$2.09/SF
EGI
$3.06M $15.91/SF
− OpEx
−$1.07M −$5.57/SF
NOI
$1.99M $10.34/SF
Area
Oakland County, MI
Vacancy
11.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$39,780,060
Cap Rate 7%
$28,414,329
Cap Rate 9%
$22,100,033
Alternative Uses
Best Use
Flex RnD
$28.41M
$24.86M – $33.15M
NOI $1,989,003 @ 7.0% cap · market cap 3.53%
Second Best
Industrial
$13.61M
$11.91M – $15.88M
NOI $952,816 @ 7.0% cap · market cap 1.69%
Theoretical Best
Specialty Retail
$41.48M
$36.29M – $48.39M
NOI $2,903,543 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 48326, MI
22,228
Population
12,219
Households
1.8
Avg Household Size
36
Median Age
47%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
1,315
Density / Sq Mi
$79,468
Median Household Income
$46,012
Median Earnings
$1,411
Median Rent
$235,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - Office, flex, and R&D facility occupied under a corporate-backed net lease.
Where is this nnn property located?
The property is located at 2020 Taylor Road Auburn Hills, MI.
What is the asking price?
The asking price for this property is $56,409,000.
What are key features of this property?
This property features: 192,308‑square‑foot office, flex, and R&D facility; 100% leased to TI Group Automotive Systems LLC; Corporate guarantee from TI Fluid Systems Limited, a UK corporation
