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    FOR SALE
    Specialty properties

    22777 Farmington Rd, Farmington, MI 48336

    72,076 SF 5.06 ac lot Built 1973
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US43-0055577
    Property summary
    AI-generated overview

    This exceptional 73,000-square-foot flex space industrial property, located at 22777 Farmington Road in Farmington, Michigan (zip code 48336), presents a significant investment opportunity. Currently leased to TOCA Soccer and Sports, the nation's largest indoor sports training company, the property boasts a strong, long-term lease with 11 years remaining. The lease includes a 3% annual rent increase, generating a substantial net annual income of $386,000. The tenant, TOCA Soccer and Sports, is a leading technology-enabled soccer training and entertainment company with a significant presence across North America. This acquisition includes one of the largest indoor youth-based sports facilities in Michigan, part of a larger portfolio of seven premier indoor sports facilities across metro Detroit and northeast Ohio, totaling nearly one million square feet. The property benefits from TOCA's established brand recognition and strong operational performance, providing a stable and appreciating asset. The property's strategic location in Oakland County, Michigan, offers excellent access to major transportation routes and a thriving local community. This is a rare opportunity to acquire a high-performing industrial property with a secure, long-term lease in a rapidly growing market. The property is ideally suited for investors seeking stable income and significant long-term appreciation potential. The property's size and functionality make it an attractive investment for a variety of potential uses.

    Property profile
    Verified
    Property type Specialty properties
    Use group PROFESSIONAL CLUBS/ASSOCIATIONS
    Year built 1973
    Total area 72,076 SF
    Lot 5.06 ac (220,414 SF)
    Zoning code O
    APN 20-23-28-428-073
    UPID US43-0055577
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Waza FC Sports School Sports Field & Court
    • TOCA Soccer and Sports Center Farmington Gym & Fitness Center Sports Field & Court
    • Therabotx, LLC Medical Clinic
    • Foam Fun 4 All Party Supply Store Rental Equipment Company
    • Fitness Revolution - Farmington Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.22M
    Blend (final) Blend
    $2.23M
    Owner & transaction history
    Mtm Ventures LLC · 12 yrs held
    Mtm Ventures LLC
    since 2013
    7 recorded transactions
    2023
    2013
    2007
    $28,647
    2002
    1969
    1969
    1969
    Zoning & alternative use
    O · Farmington, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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