Nabtesco Farmington Hills

For Sale

23847 Industrial Park Dr, Farmington Hills, MI 48335

This Farmington Hills property for sale is located at 23847 Industrial Park Dr. The current listed sale price for Nabtesco Farmington Hills is $6,260,520. Nabtesco Farmington Hills is situated on a lot that is 2.67 acre in size.

Contacts

broker
Anthony Pellegrino

StonePoint CRE

Property Details

  • Property Type Industrial - Manufacturing
  • Property Size 38,550 SF
  • Units 1
  • Lot Size 2.67 Acre
  • Parking Spaces Avail. 110
  • Property Tenancy Single Tenant
  • Year Built 1968
  • Year Renovated 2025
  • Date Updated Aug 26, 2025
  • Dock High Doors 4
  • Office Area 4,200 SF
  • Fire Sprinklers Wet
  • HVAC Other
Farmington Hills serves as a Class A industrial market with a 3% vacancy across 7.2 million SF of industrial properties. It is surrounded by the industrial power centers of Novi, Plymouth, and Livonia, which collectively offer approximately 73 million SF of industrial space with a 4% vacancy rate. The property benefits from easy access and proximity to neighborhood amenities, making it well-positioned for both logistical efficiency and workforce convenience.TENANT OVERVIEW: International credit tenant Nabtesco has executed a fresh 10-year NNN+ lease at $10.15/SF. Strong tenant financials provide a secure, income-generating asset in excellent condition. Nabtesco is the world’s largest manufacturer of precision cycloidal gearboxes and leads the industry in high-performance reduction gears, hollow shaft gear heads, and single-axis servo actuators and controllers. NNN+ TENANT RESPONSIBILITY Tenant shall reimburse Landlord for the capitalized and amortized portion of any ROOF, HVAC, and STRUCTURE costs incurred during Tenant’s Term.
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Highlights

  • (2) Five Year Options
  • 2.5% Annual Escalations
  • 4 Grade Doors / 1 Drive-In
  • Fully Air Conditioned Warehouse and Building
  • Investment Grade Tenant
  • New 10 YR NNN+
  • New Roof 2018 With 20 YR Warranty

Getting around

  • 35/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Farmington Hills, MI
  • Zip Code 48335
  • Market Detroit

Points of Interest

  • Exxon

    0.37 miles

  • Sunoco

    0.42 miles

  • BP

    0.59 miles

  • Shell

    0.61 miles

  • Mobil

    0.82 miles

  • Speedway

    1.60 miles

  • Meijer

    1.81 miles

  • Tesla Supercharger

    1.91 miles

  • Bosch

    3.34 miles

  • Enel X

    3.42 miles

  • Enterprise

    1.57 miles

  • Colonial Car Wash

    2.41 miles

  • The Original $3.99 Car Wash

    2.91 miles

  • Self Serve Auto Wash

    3.44 miles

  • $3 Car Wash

    3.47 miles

  • U-Haul Center

    3.81 miles

  • Farmington Auto Wash

    3.93 miles

  • Jax Kar Wash

    4.22 miles

  • Imperial Car Wash

    4.33 miles

  • Hertz

    4.62 miles

  • Wendy's

    0.35 miles

  • Breakfast Club

    0.35 miles

  • Chutneys

    0.37 miles

  • Pizza Hut

    0.41 miles

  • Taco Bell

    0.42 miles

  • McDonald's

    0.42 miles

  • L. George's Coney Island

    0.48 miles

  • Paradise Biryani Pointe

    0.61 miles

  • NYC Halal Eats

    0.62 miles

  • Rao Gari Vindu Indian Cuisine, Bar & Banquet

    0.63 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Anthony Pellegrino

StonePoint CRE

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