Avistone Tech Park II, LLC

A High Yield Multi-tenant Industrial Real Estate Investment
Available to Accredited Investors Only


  • Targeted IRR 17.24%**
  • Targeted Yield 11%
  • 8% Preferred Return** 
  • $50,000 minimum investment
  • 3 – 5 year estimated hold**
  • Investors Receive an LLC Ownership

The Property
Technology Park

27200 – 27300 Haggerty Road
Farmington Hills, Michigan
222,059 SF Multi-Tenant Industrial Park
43 Tenants, 89.3% occupied

Technology Park


Why we like this property

Technology Park, 222,059 SF Multi-Tenant Industrial Park
Farmington Hills Michigan

Property Highlights

1. Healthy yield – targeted average 11% yield* and 17.24% IRR* based on a 5 year hold.  See Offering Material for details. 
2. Bought at the right price. The property was purchased approximately 40% below replacement cost
3. Great  location – Major business hub with 98.5% occupancy rate in Farmington Hills industrial real estate.
4. Upside potential – This property is undermanaged with only 89% occupancy, right in our sweet spot for value creation.
5. 3.21% fixed rate financing for 8 years – potentially protects distribution yields and provides inflation protection.
6. Strong Tenant Mix – SiriusXM, Quest Diagnostics, Statysis, Polyplastics, ++


Access Investment Summary


 Why we like the Multi-Tenant Industrial/Warehouse property class


Who is Avistone?

We are multi-tenant industrial/warehouse experts.  We have completed a round trip on 24 multi-tenant industrial properties and provided an average annual weighted return of 19.01% to our investors.**   

Avistone Logo

Avistone’s History of Success**


Commercial Property Acquisitions

4.1 MILLION SQ FT
In Acquisitions

Weighted Rate of Return

19.01%
Weighted Internal Rate of Return

Time For Return On Investment

3.38 YEARS
Weighted Hold Period

Total Number of Full Cycle Investments

24
Full Cycle Investments

ROI

1.55%
Weighted Investment Multiple

Distribution Rate

8.19%
Weighted Yearly Distribution Yield

See Important Disclosures Below

The Avistone Team

Successful Experienced Multi-tenant Industrial Investment Team
Our executive management team has more than 160 years of combined commercial real estate experience. We conservatively underwrite all acquisitions, acquire and operate properties with potential for high yield and capital appreciation. **

We Co-invest With You
Our interests are aligned because we invest alongside our investors and the principals take a hands-on approach to ensure that each investment provides the maximum return possible for all of us.**

**Accredited Investors Only
**Past performance does not guarantee future results
*SEE IMPORTANT DISCLOSURE BELOW


Access Investment Summary


About The Structure

About the Structure   
Avistone Tech Park II LLC

  • The investor receives an LLC ownership interest pari passu to the size their investment
  • Investor receives monthly cash flow – yield of 11% from a combination of cash and amortization over 5 year hold – see investment summary
  • Investor receives first money out upon successful sale of the property*
    • First return of 100% of invested capital*
    • Next 8% preferred return*
    • Next Avistone receives catch-up on 20% of the preferred return paid to investors*
    • Next Investor receives 80% of the profits*
    • Last Avistone Receive 20% of profits*
  • Investor receives a minimum 8% preferred return and return of 100% of invested capital before Avistone shares in any profits from a sale of the property.*

**Accredited Investors Only
**Past performance does not guarantee future results
*SEE IMPORTANT DISCLOSURE BELOW

Benefits of Avistone LLC Ownership Interests

Benefits Of Fund LLC Ownership Interests

  • Limited Liability – Investors do not generally incur liability for the company’s debt and legal obligations.
  • No management headaches – Avistone assumes all leasing, property management and tax reporting responsibility for the property
  • First money out – Return 100% of capital plus preferred return of 8% to investors from successful disposition **
  • Investor/Avistone interests aligned – we don’t share any profits until you get all your money back plus an 8% annual return**
  • Low barrier to entry – minimum $50,000 Investment 
  • Participate in the benefits of larger multi-million $ deals 
  • Past Investors earned a weighted average IRR of 19.01% **

**Accredited Investors Only
**Past performance does not guarantee future results
*SEE IMPORTANT DISCLOSURE BELOW


Technology Park Investment Highlights*

Property’s Acquisition Price: $25,500,000 ($114.32 psf)
Projected Debt:  $14,700,000
Projected Equity:   $12,508,000
Projected Capitalization: $27,208,000
Loan Terms:  3.21%, fixed rate, 10-year term due 4-1-2031, until Apr 2024, 20-year am thereafter
Projected Yield (5-yr avg):  7% (cash flow)
4% (amortization)
11% (cash flow + amortization)
See notes 1, 2 
Projected IRR (5-yr hold):17.24% 
See notes 1,2
 Projected Holding Period:   3- to 5-Years

 (1) The above chart is preliminary and consists of projections, terms and amounts, and must be viewed in conjunction with the Risk Factors on Page 29 below and the Avistone Industrial Parks III LP Private Placement Memorandum (“PPM”) and all supplements, exhibits and addendum attached thereto including those issued in connection with the acquisition of and investment in Technology Park Portfolio.

(2)  There is no guarantee investors will receive cash flow or a full return of capital.  See “Risk Factors” in the Avistone Industrial Parks III PPM and on Page 29. The results shown may not occur. Investment performance could vary significantly.


Request an Investment Summary

To receive the Investment Summary and Offering Material please complete the form below.

Property Highlights

Secured by SSL

We do not sell or disclose your contact information.

Opps! There was a problem – Please try again later.
Processing…

Processing…

By clicking “Submit” you are agreeing to our Terms of Service and Privacy Policy.

© 2024 Avistone, LLC. All rights reserved.

*IMPORTANT DISCLOSURES:

Communications from Avistone, LLC or its affiliates (referred to together as "Avistone"), whether it is transmitted through its website, social media, email, text or any other marketing platform used by Avistone (collectively termed "Avistone Communications") must not be taken as recommendations or endorsements to purchase, sell, or hold any securities. Furthermore, Avistone Communications should not be considered as advice related to investment, taxation, finance, accounting, legal matters, regulations, or compliance.

To gain a comprehensive understanding of the risks associated with the securities mentioned herein or in Avistone Communications, it is essential to review them with related private placement memorandums and other offering documents. Participating in private placements requires substantial financial commitment and the ability to tolerate a complete loss of the investment. Avistone Communications provide a preliminary overview and insights into Avistone sponsored investments, and are intended for initial reference. However, they do not encompass all relevant information and should not be considered a complete representation. The information presented is subject to further updates without notice and qualification as provided in the relevant offering materials. It's important to note that Avistone is not registered as a broker-dealer, and Avistone does not make any claims or warranties regarding the legality of investments in Avistone sponsored investments ("Avistone Investments").

Investing in alternative securities or real property carries inherent risks, are illiquid, may depreciate in value, and is limited to accredited investors under the Securities Act of 1933. These risks include market fluctuations, credit vulnerabilities, interest rate exposure, and potential loss of capital. Before investing, all prospective investors must conduct an independent assessment, evaluate fees, uncertainties, and risks outlined in offering materials, and consult with investment, tax, financial, and legal advisors. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or endorsed any Avistone Investment, or authenticated the accuracy or exhaustiveness of any information or materials furnished via Avistone Communications.

The information in Avistone Communications is not a recommendation, investment advice, or a solicitation to buy, sell, or hold any security or investment strategy. It is not provided in a fiduciary capacity and does not consider an individual investor's specific goals or circumstances. The information reflects Avistone's market interpretation, and the success of Avistone Investments is not guaranteed. Investment decisions should be based on individual goals, in consultation with financial professionals. Past performance does not predict future outcomes. All research and supplementary information in Avistone Communications are for informational purposes only, and Avistone assumes no responsibility for inaccuracies or omissions in the content or linked resources.

The financial and investment benchmarks, including forecasted internal rate of returns (IRR), total return, distribution yields, multiples, and investment holding period returns, displayed on Avistone Communications are projections, subject to change and should not be considered as actual investment outcomes or guarantees of future results. These benchmarks always come with inherent risks, such as market volatility, operational uncertainties, and limited liquidity. Additionally, financial metrics and calculations within Avistone Communications have not undergone independent verification or audit and may differ from actual financial metrics for any investment. The investment data provided is sourced from entities believed to be reliable, but no assertions or warranties are made regarding its accuracy or comprehensiveness, and Avistone assumes no responsibility for any inaccuracies.

Avistone’s historical track record in the industrial sector showing past performance is no guarantee of future results. The performance of Avistone’s prior industrial projects have not been audited by any third party. Not all investors received the same returns due primarily to investments in different property offerings. Full-Cycle Track Record average metrics are based on weighted averages that treat investment dollars equally and are calculated after summing the results of all Avistone full-cycle industrial investments, weighted by each investment's respective capitalization amount for each Full Cycle Investment.

Materials or data emanating from third-party media external to this domain or Avistone Communications may address or refer to Avistone or correspond to information contained herein, however, Avistone does not extend endorsement or accountability for such content. Hyperlinks to external sites or reproduction of content from third-party sources do not denote an endorsement or approval by Avistone of the content thus linked or reproduced.