Investment Overview
Aborn Business Park is a two-building, 44-suite automotive and industrial business park totaling ±41,902 SF on 3.17 acres, zoned M-1. The property is 63.2% leased on NNN terms to twenty tenants occupying thirty suites. It offers in-place cash flow and value-add upside through the lease-up of fourteen vacant units. Suites range from 533 to 2,260 SF, each with grade-level loading, a private restroom, and minimal office finishes, a layout well suited to the small-bay automotive and service user.
Investment Highlights
- Value-add small bay automotive/industrial business park
- Approx 63% occupancy
- 5.52% CAP rate
- $298,076 in-place NOI
- DO NOT DISTURB TENANTS