Advance Auto Parts | New 10 Year Extension | Major Retail Corridor | Out Parcel to Kroger, Target, Kohl’s Home Depot and More

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

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Offering Information

909 W Monroe St
Jackson, MI 49202

  • Price: $2,150,313
  • Cap. Rate: 6.40%
  • NOI: $137,620
  • Building Size: 6,776SF
  • Lot Size: .52 AC

Investment Highlights

  • Original 15 Year Corp Lease with Extension in 2016; 9 Years Remaining
  • Investment Grade S&P “BBB-” - Corporate Guarantee
  • (3) 5 Year Options With 5% Increases at Each Option
  • Located on Busy Retail Corridor; Intersection 25,600+ Daily Traffic Count
  • $55,000+ Household Income in 5 Mile Radius
  • Population Exceeds 59,400+ in a 3 Mile Radius
  • Retailers Nearby Include: Target, Kroger, Home Depot, McDonalds, and Kohl’s
  • Less Than 2 Miles From The Jackson County Airport
  • Jackson is Approximately 40 miles W. of Ann Arbor and 35 Miles S. of Lansing
  • Located in Close Proximity of I-94 - Traffic Counts Exceeds 64,300 Daily