RECEIVERSHIP DIRECTED SALE - NAI Farbman is pleased to present The Detroit Executive Center (the “Property”), an opportunity for investors to acquire a well-located redevelopment assemblage consisting of two existing office buildings and 4 parking fields which can be improved upon with added development. The parcels CAN BE PURCHASED SEPERATELY. The existing buildings with spectacular Detroit skyline and River views along with high traffic counts, exceptional visibility and access from the Lodge freeway make this a stand-out opportunity to create a unique mixed-use development on the edge of both Corktown and the CBD. Concepts for the site to consider could be a mix of apartments, hotel, office and street level retail.
The parcel descriptions are as follows:
Parcel A - 1240 Abbott Street: 111,374 SF or 2.557 AC
Parcel B - 1245 Abbott Street & 1250 Howard: 103,856 SF or 2.384 AC
Parcel C - 1259 Howard: 81,221 SF or 1.865 AC
Parcel E - 1200 Sixth Street: 119,973 SF or 2.754 AC
Terms negotiable. Ford Motor Company developing a facility 1/2 mile from this location. Property is located in Opportunity Zone. Price is TBD by Market. Call contact for more information!