| Price: | $5,938,000 |
|---|---|
| Status: | Available |
| CAP: | 5.85% |
| Years Left: | 9.4 |
| Lease Type: |
Absolute NNN Ground Lease – ZERO Landlord Responsibilities – Ideal for 1031 Exchange. Affluent Suburb – There is an Average Household Income of over $111,000 in a 1-Mile Radius. Situated at a hard, signalized corner of a major intersection.
| Price: | $1,791,252 |
|---|---|
| Status: | Available |
| CAP: | 5.35% |
| Years Left: | 7.1 |
| Lease Type: |
NNN Lease with No Landlord Responsibilities. Recently Extended and Lengthened First Option |Over 6.5 Years Remaining in Term. Lease Supports Five, 5-Year Options | 10% Rent Increases in Each Option. Strategically Located on W Warren Ave Near the Signalized Intersection of Livernois and W Warren Ave. Situated Across from Detroit Edison Warren Service Center | Recently Renovated 40,000+ Square Foot Service Center for DTE. Densely Populated Market with Strong Demographics for a Discount Retailer. Tenant Remodeled to Include Coolers for Refrigerated and Frozen Food. Population Within a 3-Mile Radius of the Subject Property Exceeds 178,044.
| Price: | $1,142,750 |
|---|---|
| Status: | Available |
| CAP: | 8.05% |
| Years Left: | 6.7 |
| Lease Type: |
Brand New Ten (10) Year Corporate Lease. Completely reconstructed, everything new except for the steel structure. Drive-Thru Lane Equipped. Located in the extremely desirable west side of Ann Arbor, MI. Limited landlord responsibilities. Rental increases of $12,500 every five years.
| Price: | $3,294,000 |
|---|---|
| Status: | Available |
| CAP: | 4.25% |
| Years Left: | 10 |
| Lease Type: |
15% Rent Bump in November 2021. November 2021 Cap rate of 8.24% (New NOI of $201,873.69). Roughly $1,000,000 of Rental Income over next 5 years. Signalized Corner Location (1.78 Acre Lot). Corporate Guarantee. Ave. Population of 110,000 in a 5-Mile.
| Price: | $2,395,000 |
|---|---|
| Status: | Available |
| CAP: | 7.33% |
| Years Left: | 5.6 |
| Lease Type: |
Brand New 20-Year Absolute NNN Lease with Attractive 7% Rental Escalations every 5 Years! Successfully Open & Operating for Decades with an Attractive 7.33% Rent to Sales Ratio! Scheduled for Remodeling in 2025 – Showing Tenant’s Commitment to this Location! Positioned on a Large ±1.25-Acre Lot, Located on a Signalized, Hard Corner of Hess Ave & Dixie Hwy where Traffic Counts Exceed 25,770 CPD! – 1 Mile East of I-75 (67,600 CPD). 2020 DEMOGRAPHICS (5-MI): Total Population: 76,974 | Avg Household Income: $53,275.
| Price: | $1,981,000 |
|---|---|
| Status: | Available |
| CAP: | 5.25% |
| Years Left: | 20 |
| Lease Type: |
Corporate Guaranty (NYSE: RAD), Fortune 500 Company with 2,464 Locations. Classified Nationally as an Essential Business, 12% Year-Over-Year Increase in Revenue. All-Brick Construction with a Drive-Thru, Limited Landlord Responsibilities. Serving Over 164,500 Residents in Affluent Detroit Suburb.
| Price: | $4,464,000 |
|---|---|
| Status: | Available |
| CAP: | 8.25% |
| Years Left: | 5+ |
| Lease Type: |
5+ Years Remaining with Increases Beginning in Each Option Period. Corporate Guaranty (NYSE: RAD), Fortune 500 Company with 2,464 Locations. Classified Nationally as an Essential Business, 12% Year-Over-Year Increase in Revenue. All-Brick Construction with a Drive-Thru, Limited Landlord Responsibilities.
| Price: | $4,951,000 |
|---|---|
| Status: | Available |
| CAP: | 8.50% |
| Years Left: | 5+ |
| Lease Type: |
Absolute Net Lease – Zero Landlord Responsibilities. 5% Rental Increases Every 5 Years During Base Term and Options. 2017 Remodel To The New Wendy’s Prototype. Leased to Meritage Hospitality Group – The Largest Wendy’s Franchisees in the Country. Over 25,000 Vehicles/Day Along Alpine Avenue.
| Price: | $2,427,184 |
|---|---|
| Status: | Available |
| CAP: | 5.15% |
| Years Left: | 16.4 |
| Lease Type: |
Zero Landlord Responsibilities. Concrete Parking Lot. Four (5 Year) Options | 10% Rental Rate Increase at Each. 6,396 Cars Per Day on US-12. Three Mile Household Income $61,093. Five Mile Population 36,836.
| Price: | $1,478,974 |
|---|---|
| Status: | Available |
| CAP: | 5.85% |
| Years Left: | 14 |
| Lease Type: |
No Landlord Responsibilities. Located near the signalized, hard corner intersection of W 14th Mile Road with 24,027 VPD and Crooks Road with 22,300 VPD, for a combined 46,300+ vehicles passing by daily.
| Price: | $4,250,000 |
|---|---|
| Status: | Available |
| CAP: | 8.29% |
| Years Left: | 5.5 |
| Lease Type: |
Close Proximity to Numerous Traffic and Economic Drivers Such as Retail, Industrial, Distribution, and Warehouse Facilities. Situated Densely Populated Area with Over 79,000 Residents in a 3-Mile Radius along with Above Average Household Incomes.
| Price: | $3,605,627 |
|---|---|
| Status: | Available |
| CAP: | 7.25% |
| Years Left: | 2 |
| Lease Type: |
Modified Double Net Lease – Minimal Landlord Responsibilities. (4) 5 Year Options with 10% Rental Increases. Population Demographics supportive of Family Dollar’s Business Model. Family Dollar has Occupied the site for 20 Years.
| Price: | $812,000 |
|---|---|
| Status: | Available |
| CAP: | 8.00% |
| Years Left: | 4.9 |
| Lease Type: |
New $16,000 HVAC Unit and $3,800 in Parking Lot Repairs in 2019. Historical Occupancy Since 1998. Corporate Guarantee Rated BBB – by Standard & Poor’s. Located on Primary Retail Corridor with 30,000 Vehicles Per Day.
| Price: | $636,500 |
|---|---|
| Status: | Available |
| CAP: | 8.25% |
| Years Left: | 1.9 |
| Lease Type: |
Strong store sales with low rent to sales ratio of 3.9%. 12 Years Remaining. Well located on a major road. Long term tenant has been in the building since 1996. Low price point, well below replacement cost.
| Price: | $1,786,800 |
|---|---|
| Status: | Available |
| CAP: | 7.50% |
| Years Left: | 12 |
| Lease Type: |
