Nabtesco Farmington Hills

23847 Industrial Park Dr, Farmington Hills, MI 48335

  • For Sale $6,260,520
  • 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

Contacts

broker
Anthony Pellegrino

StonePoint CRE

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Caterer & Staff Parking

    1.78 miles

  • Parking Lot A

    1.79 miles

  • Parking Lot B

    1.83 miles

  • Special Events Parking

    1.88 miles

  • MDOT Carpool Lot

    1.91 miles

  • Public Parking

    2.39 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

  • Vani Food

    0.43 miles

  • Kushi Grocers

    0.66 miles

  • India Grocers

    0.70 miles

  • Busch's

    1.48 miles

  • Worldwide Center

    1.78 miles

  • China Merchandise

    1.82 miles

  • Meijer

    1.98 miles

  • Target

    1.99 miles

  • Kohl's

    2.12 miles

  • One World Market

    2.44 miles

  • Novi Footcare

    0.75 miles

  • PrimeCare of Novi

    0.77 miles

  • PrimeCare Urgent Care of Novi

    0.77 miles

  • Northwest Orthotics and Prosthetics

    1.09 miles

  • Rite Aid

    1.43 miles

  • Farmington Hills Fire Station #1

    1.47 miles

  • Novi Drug

    1.56 miles

  • Henry Ford Medical Center - Novi

    1.78 miles

  • Medilodge of Farmington

    2.00 miles

  • CVS Pharmacy

    2.03 miles

Frequently Asked Questions

How much does Nabtesco Farmington Hills cost?

The space currently listed for sale at Nabtesco Farmington Hills asks for $6,260,520.

What is the total square footage of Nabtesco Farmington Hills?

Nabtesco Farmington Hills totals 38,550 square feet.

When was this property built?

Nabtesco Farmington Hills was built in 1968.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Anthony Pellegrino

StonePoint CRE

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