32796–32900 Manor Park Drive

Investment Overview

Newmark has been retained as the exclusive advisor for the sale of 32796–32900 Manor Park Drive (the “Property”), a two-building, single-story multitenant industrial warehouse complex located in Garden City, Michigan. The Property contains approximately 90,000 square feet across 18 tenant suites and is approximately 94.4% occupied, with 85,000 square feet leased and one 5,000-square-foot suite available. Built in 1974, the masonry complex offers approximately 16-foot clear heights, 18 grade-level drive-in doors and 96 parking spaces. The Property is strategically positioned in Western Wayne County near North Venoy Road and Ford Road, providing convenient access to I-275, I-96 and I-94. It sits within one of Metro Detroit’s densest concentrations of industrial users, surrounded by the established manufacturing, distribution and supplier base of Livonia, Westland, Dearborn and Detroit, which supports consistent demand for small-bay industrial space and a deep pool of replacement tenants. The Property’s high occupancy, diversified tenant base, approximately 3.5-year weighted-average lease term, contractual rent increases and below-market in-place rental rates provide investors with stable current income and meaningful long-term mark-to-market potential.