10% Rent Increases Every Five Years Including All Eight Option Periods. Brand New 2021 Development Equipped with Double Stack Drive-Thru Lanes. Out Parcel to Meijer. Part of an 11 million Dollar Multi-Building Retail Development Project. The Heart of Woodhavens Retail Corridor | Closest Chick-Fil-A is 15 Miles Away. High Visibility, Located on Allen Road (22,600+ VPD).
| Price: | $3,333,333 |
|---|---|
| Status: | Available |
| CAP: | 3.75% |
| Years Left: | 15 |
| Lease Type: |
Ideally located 2.5 miles north of Beaumont Hospital, the largest facility of the Beaumont Health System with 1,131 inpatient beds. Subject property is 3 miles south of the Somerset Collection, a 3-level, 1.44M SF luxury mall anchored by Nordstrom, Macy’s, Neiman Marcus and Saks Fifth Avenue.
| Price: | $3,950,000 |
|---|---|
| Status: | Available |
| CAP: | 8.92% |
| Years Left: | 5 |
| Lease Type: |
1,898 Square Foot Restaurant Located on .64 Acres of Land. Low Rent of $30,000 a Year/$15.80 PSF | Easily Replaceable Rents Low Price Point Deal. Excellent Location on Heavily Traveled Telegraph Road -Strong Vehicle Counts.
| Price: | $480,000 |
|---|---|
| Status: | Available |
| CAP: | 6.25% |
| Years Left: | 1.9 |
| Lease Type: |
Rite Aid has chosen this store as one of the rare stores nationwide to adopt the new modern concept, showing their commitment to this location. The asset includes 6% rental increases in each of the 4 options.
| Price: | $1,600,000 |
|---|---|
| Status: | Available |
| CAP: | 7.19% |
| Years Left: | 8.5 |
| Lease Type: |
The DaVita Dialysis of Chesterfield, MI is located in a market totaling over 485,000 in population with 190,000+ households (10-mile radius). Additionally, average household income in 2020 is $84,211 and is estimated to increase by 11.4% in 2025.
| Price: | $3,174,000 |
|---|---|
| Status: | Available |
| CAP: | 5.85% |
| Years Left: | 10.1 |
| Lease Type: |
Strong demographics with nearly 152,000 residents within 5-miles. Lake Lansing Road and Wood Street intersection sees over 23,000 vehicles per day. Located 3 miles from Michigan State University, with over 40,000 students.
| Price: | $2,100,000 |
|---|---|
| Status: | Available |
| CAP: | 5.50% |
| Years Left: | 2.4 |
| Lease Type: |
Investment Grade Corporate Guaranty (S&P: BBB/Stable). Absolute NNN Lease. Affluent Detroit Suburb. Top U.S. Metro: 4.3M Residents. Excellent Access & Visibility. Rent Reduction Credit.
| 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: |
