Lear Corporation
1250 Commerce Drive, Farwell, MI 48622
Key features
- Attractive 7.25% cap rate offering above-market yield for an investment-grade tenant, presenting a compelling risk-adjusted return relative to other net lease opportunities.
- Lear Corporation is a Fortune 500 company generating approximately $23.3 billion in annual revenue, with long-standing relationships with major OEMs including Ford, General Motors, and BMW, reinforcing tenant strength and long term viability.
- New 8-year lease with Lear Corporation (NYSE: LEA), an investment-grade (BBB- S&P) global automotive supplier, providing stable and reliable income through February 2033.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Encore Real Estate Investment Services
Building Details
- For Sale $7,854,124
- Property Type Industrial - Warehouse/Distribution
- Property Size 125,704 SF
- Lot Size 7.6 Acre
- Property Tenancy Single Tenant
- Year Built 2007
- Date Updated May 29, 2026
- HVAC None
Getting Around
-
Walk Score ®
Car-Dependent (2) -
Bike Score ®
Somewhat Bikeable (29)
Location
- City Farwell, MI
- Zip Code 48622
Points of Interest
Citgo
1.10 miles
Marathon
1.11 miles
ChargePoint
5.36 miles
Tesla Supercharger
5.75 miles
Clark
5.81 miles
Clipper Creek
6.02 miles
BP
6.43 miles
car parking
4.97 miles
truck parking
4.97 miles
Car Pool Parking
5.43 miles
Rocks and Valleys ORV Area
8.67 miles
Lower Parking Lot
8.68 miles
MidMichigan Medical Offices - Clare
5.62 miles
MyMichigan Medical Center Clare
5.62 miles
Lincoln Township Fire Department
8.77 miles
Big Boy
5.37 miles
Ponderosa Steakhouse
5.37 miles
Taco Bell
5.38 miles
Wendy's
5.38 miles
Subway
5.43 miles
Arby's
5.44 miles
McDonald's
5.44 miles
Culver's
5.46 miles
Whitehouse Restaurant
5.67 miles
1250 Commerce Drive Listing Summary
-
What is the asking price at Lear Corporation?
Lear Corporation is currently listed for sale at Contact for pricing.
-
What is the total size of Lear Corporation?
Lear Corporation has a total of 125,704 square feet.
-
What is the year built for Lear Corporation?
The year built for Lear Corporation is 2007.
Encore Real Estate Investment Services