

SOLD - Fox Hill Center
Highlights
Strong location excellent access and visibility 74,000 VPD
Located within highly developed area, significant barrier to entry
Three separate buildings for flexibility
Beautifully constructed and landscaped
Yearly Rent Increases
100% Leased, 8.7% Cap rate in 2018
Sale Notes
This great investment 100% Leased, has three separate buildings the two end buildings are 10,400 Sq. Ft each and the middle building is 10,030 Sq. Ft. quality constructed in 2005 with minimal deferred maintenance. Large cement parking lot amply lit with four curb cuts. 74,000 VPD on busy Mound Road. Medium Household income is $78,000 with numerous roof top communities. Also home to large manufacturing facilities for Ford Motor Company, Chrysler, and General Dynamics, as well as the GM Technical Center and Detroit Armory. Great mix of Tenants current rents are below market rates.
The property is located in Sterling Heights, Michigan approximately 35 miles north of Detroit CBD, Sterling Heights is one of