12780 Reeck Rd, Southgate, MI 48195
14,933 SF | Retail Building | Southgate, MI 48195 | $4,665,000 ($312/SF) | 7.65% Cap Rate
Asking Price $4,665,000
- Property Type
-
Retail
- Square Feet
- 14,933 SF
- Price / Square Foot
- $312
Listing Contacts
Dave Tesch
Mark Szerlag
Frank Rakipi
Property Overview
Rare opportunity to own a 20 year true NNN leased asset with a corporate guarantee.
Largest operator of indoor shooting ranges in the world
Largest firearms educator in the world teaching 75,000
people each year
Newly constructed block/brick building (2023)
Located just off the I-75 and Northline Rd interchange
83,335 vehicles/day on I-75
Over 244,000 residents within 5 miles
Located along a major retail corridor with many large
national tenants
Largest operator of indoor shooting ranges in the world
Largest firearms educator in the world teaching 75,000
people each year
Newly constructed block/brick building (2023)
Located just off the I-75 and Northline Rd interchange
83,335 vehicles/day on I-75
Over 244,000 residents within 5 miles
Located along a major retail corridor with many large
national tenants
Property Details
- Year Built
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 95,832 SF
Highlights
- 20 year absolute NNN lease
- Rent commencement 1/23/23
- Corporate guarantee with over 49 locations in 13 states
- 5% rent increases every 5 years
- Three (3) five (5) year options to extend
- Tenant responsible for roof and structure
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].