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We focus on providing quality 1031 exchange replacement properties and traditional triple net & multi tenant retail, industrial, office, and shopping center investments nationally.

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Borders & Petco

Canton Township, MI
 
Bldg Size: 36,601 sq. ft.
Land: 2.92 Acres
Lease Type: NN
Price: $7,172,400
Yield: 8.5 (CAP)
Expiration Date: 

  • Prime retail corner across from Office Max, Applebee’s, Boston Market and Target
  • Canton township is one of the safest, wealthiest and fastest growing communities in Michigan
  • Other area retailers include Kohl’s, Meijer, Office Max, Sears, Bed Bath Beyond, Marshalls & Ikea
  • Excellent historical and projected population growth and median household income of 91,675 one mile
  • Petco and Borders have remaining lease terms of 7 and 13 years respectively with rent escalations
  • Property is located on Ford Road a prime east-west retail corridor with traffic counts of 33,400 vpd
  • There are 94,113 people within a three mile radius with an median household income of $91,683

       

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