Shelby Township, MI
​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:
NNN 7-Eleven For Sale Available
Brownstown Charter Township, MI

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:
Detroit, MI

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:
Ann Arbor, MI

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:
Kalamazoo, MI

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:
Saginaw, MI

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:
Farmington Hills, MI

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:
Clarkston, MI

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:
Grand Rapids, MI

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:
Edwardsburg, MI

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:
Clawson, MI

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:
cvs for sale
Wayne, MI

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:
Perry, MI

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:
Kalamazoo, MI

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:
Sturgis, MI

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:

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