Contacts
Encore Real Estate Investment Services
Property Details
- Property Type Industrial - Warehouse/Distribution
- Property Size 125,704 SF
- Lot Size 7.6 Acre
- Property Tenancy Single Tenant
- Year Built 2007
- Date Updated May 29, 2026
- HVAC None
Reach out to the broker for more info on lease terms and amenities
Highlights
- Attractive 7.25% cap rate offering above-market yield for an investment-grade tenant, presenting a compelling risk-adjusted return relative to other net lease opportunities.
- Lear Corporation is a Fortune 500 company generating approximately $23.3 billion in annual revenue, with long-standing relationships with major OEMs including Ford, General Motors, and BMW, reinforcing tenant strength and long term viability.
- New 8-year lease with Lear Corporation (NYSE: LEA), an investment-grade (BBB- S&P) global automotive supplier, providing stable and reliable income through February 2033.
Getting around
-
2/100
Walk Score ®
-
29/100
Bike Score ®
Location
- City Farwell, MI
- Zip Code 48622
Points of Interest
-
Sunoco
0.69 miles
-
Citgo
1.10 miles
-
Marathon
1.11 miles
-
ChargePoint
5.36 miles
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Tesla Supercharger
5.75 miles
-
Clark
5.81 miles
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Clipper Creek
6.02 miles
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BP
6.43 miles
-
Burger King
5.36 miles
-
Big Boy
5.37 miles
-
Ponderosa Steakhouse
5.37 miles
-
Taco Bell
5.38 miles
-
Wendy's
5.38 miles
-
Subway
5.43 miles
-
Arby's
5.44 miles
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McDonald's
5.44 miles
-
Culver's
5.46 miles
-
Whitehouse Restaurant
5.67 miles
Encore Real Estate Investment Services