21001 Van Born Rd

The subject property is currently 100% leased to Ford Motor Company (NYSE: F), a multinational automotive manufacturer, whose lease agreement runs through June 30, 2027. Ford Motor Company initially signed a 10 - year lease, with two 5- year options for the purpose of housing their large-scale IT services operation for which Ford fully upgraded and modernized the buildings IT and telecommunications infrastructure at that time. Ford has since vacated the building to back fill recent new developments within its downtown Detroit and nearby Dearborn world headquarters.   As a result, the following opportunities are immediately available:  - Sub-lease the building at below market rates (initial term through 6/30/27 w/ two 5 -year options) - Re-cast the existing lease directly with the Landlord at a favorable market rate in order to address your company’s unique needs and requirements. - Purchase the property (vacant) at a price well below replacement cost.*** - Purchase the property as an investment (with the Ford lease) at a favorable market rate of return and well below the properties replacement cost.*** - Work with Landlord/Developer to reposition the property as a BTS for lease or sale as warehouse/distribution, R & D flex or manufacturing.   [*** The property may be purchased together with the adjacent property, 21111 Van Born Road, a 149,849 SF warehouse building situated on 12.67 acres with 676 parking spaces. 21111 Van Born Road is also 100% leased to Ford Motor Company with coterminous lease terms and below market lease rates. The building and site are both ideally situated and appropriately zoned for expansion as a larger logistics building]