Tim Hortons Ground Lease (Rally’s Sublease)

Agent Info

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

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Offering Information

1095 North Wisner Street
Jackson, MI 49202

  • Price: $755,555
  • Cap. Rate: 6.75%
  • NOI: $51,000
  • Building Size: 1,648SF
  • Lot Size: .52 AC

Investment Highlights

  • 1,648 Square Foot Building on Approximately 0.44 Acres of Land
  • Ground Lease - 6+ Years Remaining
  • (2) Five Year Options to Renew
  • The Subject Property is Located in a Strong Retail Corridor Includ-ing Target, Kroger, Home Depot, McDonalds, Kohl’s and Many More
  • The Property is 2.2 Miles From the Jackson County Airport
  • Jackson is Located Along Interstate 94 in the South Central Area
  • Jackson is Approximately 40 miles West of Ann Arbor and 35 Miles South of Lansing
  • Located on N. Wisner Street Which Exceeds 19,900 VPD
  • 5 Mile Population Surrounding the Investment Property Exceeds 81,000
  • Average Household Income Exceeds $51,000 within Five Miles