SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, corporate signed, Lipari Foods Headquarters and Distribution Center located in Warren, MI (Detroit MSA). The tenant, Lipari Foods Operating Company, LLC, will sign a brand-new 15-year lease with 1 (5-year) option periods upon the close of escrow, demonstrating their long-term commitment to the site. The lease features 3% annual rental increases throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. Founded in 1963, Lipari Foods is a leading distributor of “perimeter-of-the-store”, specialty, and branded food products. The offering consists of a 237,425 SF facility that is situated on 11.66 acres. The facility is strategically divided into several sections to accommodate all aspects of the business, including 28,000+ SF of office space and over 205,000 SF of temperature-controlled warehouse space which includes nearly 23,000 SF of dock space with a total of 30 dock doors. The subject property is ideally situated along Lipari Way (formerly Bunert Road) and benefits from direct nearby access onto Interstate 696 (136,400 VPD), Interstate 94 (154,600 VPD), and several other state highways. The nearby routes allow for efficient commutes for both employees and incoming/outgoing deliveries. The freestanding building is ideally situated within a dense retail corridor and is near Hoover Eleven (354K+ SF), Tech Plaza (318K+ SF), and other major shopping centers. The surrounding national/credit tenants include The Home Depot, Walmart Supercenter, Kroger, Meijer, ALDI, Costco Wholesale, and Marshalls, among many others. The strong economic corridor provides employees with easy access to food and service-based retailers to accommodate their daily needs. The 5-mile trade area is supported by over 358,000 residents and 151,100 daytime employees, with an average annual household income of $79,973.