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    FOR LEASE
    Manufacturing properties

    5815 Executive Dr East, Westland, MI 48185

    31,627 SF 2.54 ac lot Built 1983
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-1144135
    5815 Executive Dr East, Westland, MI 48185 For Lease
    $8 SF/Yr 14,472 SF available
    5815 Executive Dr East, Westland, MI 48185
    View Listing →
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 31,627-square-foot multi-tenant industrial flex building situated on a 2.61-acre lot at 5815 Executive Dr E, Westland, MI 48185. Currently 100% occupied by two tier-one automotive supplier tenants, this stabilized investment boasts a strong NOI of $259,926, yielding an 8.00% cap rate and an asking price of $3,250,000 ($102.76/sq ft, $1,625,000/unit). The property benefits from a weighted average lease term (WALT) of approximately 5 years, providing long-term stability. Each tenant has built-in annual rent escalations averaging 3.25% annually, ensuring consistent income growth. The leases are NNN, minimizing landlord responsibilities and maximizing passive income potential. The building enjoys a prime location approximately 0.5 miles from Interstate 275, a major thoroughfare with high daily traffic volume. This location is within a robust industrial corridor, close to Canton, Plymouth, and Livonia. This is a rare opportunity to acquire a high-performing, multi-tenant industrial property with significant upside potential in a desirable Michigan market.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1983
    Total area 31,627 SF
    Lot 2.54 ac (110,642 SF)
    APN 56 028 04 0040 301
    UPID US43-1144135
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.68M
    Blend (final) Blend
    $1.68M
    Owner & transaction history
    Westland Land Group LLC
    Westland Land Group LLC
    since 2025
    5 recorded transactions
    2025
    2025
    2025
    $3.1M
    2022
    2022
    $185,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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