5815 Executive Dr Westland, MI 48185

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.