Gordon Foods – Advance Auto Anchored Center | Farmington Hills, MI

Agent Info

Danny Samona

248.702.0286
dsamona@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

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Offering Information

29555 Orchard Lake Road
Farmington Hills, MI 48334

  • Price: $5,975,000
  • Cap. Rate: 7.42%
  • NOI: $443,466
  • Building Size: 27,620SF
  • Lot Size: 2.66 AC

Investment Highlights

  • Pride of Ownership Real Estate; Located at the Signalized Intersection of 13 Mile Rd & Or-chard Lake Rd with a Total Traffic Count of 57,600 Vehicles Per Day
  • Original 20 Year Gordon Foods Lease with 12.5 Years Remaining; Both Advance Auto andPurelux Nails Signed 10 Year Original Leases; Advance Auto has 3 Years Remaining; Pureluxhas 5 Years Remaining
  • Gordon Foods is the Largest Private Foods Distributer in North America & Advance AutoParts is the Largest Aftermarket Auto Retailer with an Investment Grade S&P Rated “BBB-”
  • Densely Populated Area and in an Affluent Community of Farmington Hills; Average House-hold Income Exceeds $118,000 in 3 Mile Radius; 177,000+ Population within a 5 Mile Radiusof Site
  • Many National Retailers Nearby Include: CVS, Petco, 7-Eleven, FedEx, Party City, Home De-pot, Taco Bell, McDonald’s, Best Buy, Dunkin Donuts, etc.
  • Located 1 Mile from the I-696 Expressway; Situated Along Orchard Lake Rd; Main Retail Cor-ridor throughout Farmington Hills; 1 Mile From Orchard Place Shopping Center & Orchard12 Plaza, Oakland Community College & Numerous Hotels