1000 Enterprise Dr Allen Park, MI 48101-3029
This exceptional Class A industrial distribution facility presents a compelling sale-leaseback opportunity. Located at 1000 Enterprise Dr, Allen Park, MI 48101, this 362,420-square-foot building sits on a 15.32-acre lot, offering unparalleled access to major highways I-94 and I-75. Recently renovated and expanded in 2024, the property boasts 26.5-foot clear heights, 32 dock-high doors, and ample parking (155 spaces). Currently 100% occupied by Belle Tire under a 15-year NNN lease with a 6.00% cap rate and a $2,808,755 NOI, this property offers a secure, long-term investment. The lease includes a 2.00% annual rent increase. The building is zoned M2 (Medium Industrial) and features modern amenities designed for efficient distribution. This is a mission-critical facility for Belle Tire, the largest tire retailer in Michigan, serving as its sole distribution center for over 180 retail locations. The $46,810,000 asking price translates to $129.16 per square foot. This is a rare opportunity to acquire a high-performing asset with a strong tenant and significant upside potential. The property's strategic location within the Midwest provides efficient distribution to a large customer base.
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Belle Tire Distribution Center Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M 2 · Allen Park, MIAllen Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.