Single-Tenant Industrial Asset For
For Sale
Contact for pricing
26360 American Dr, Southfield, MI 48034
Single-tenant industrial property with absolute NNN lease structure.
Property Size183,389 SF
Price / SF$236.66
Days on Market178
Property Features for 26360 American Dr
General Information
Standard status
Active
Size
183,389 SF
Total Parking Spaces
846
Property subtype
Industrial
Zoning
RC - Regional Center
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$3,474,824
Building Details
Year Built
2019
Buildings
1
Stories
4
Tenancy
Single
Listing Agency:
B+E
(646) 701-4536
Listed By:
Chris Guida · License #10301224134
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 19 at 1:22AM
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 B+E
Investment Insights
Based on property information with market context.
This industrial property functions as a single-tenant asset. Magna Electronics, LLC is the sole tenant, responsible for 100% of the rent and all lease obligations under an absolute NNN structure. A second division occupies space through an internal, permitted sublease, which does not establish a multi-tenant relationship. The property operates as a traditional single-tenant building with one credit profile and one income stream. The property size is 183389 square feet.
Key Highlights
- True single‑tenant asset structure
- Magna Electronics, LLC is the sole tenant
- Absolute NNN lease structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Explore this area
Business Placement
Demographics for 48034, MI
14,480
Population
8,634
Households
1.7
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
4.3 sq mi
ZIP Area
3,367
Density / Sq Mi
$59,634
Median Household Income
$40,068
Median Earnings
$1,275
Median Rent
$259,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Industrial property - Single-tenant industrial property with absolute NNN lease structure.
Where is this industrial property located?
The property is located at 26360 American Dr Southfield, MI.
What is the asking price?
The asking price for this property is $43,400,000.
What are key features of this property?
This property features: True single‑tenant asset structure; Magna Electronics, LLC is the sole tenant; Absolute NNN lease structure
