1780 Clinton Rd Jackson, MI 49202
High-Yield, Long-Term Ground Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- 2,559 SF Shell-branded convenience store on a 0.51-acre lot in Jackson, MI.
- Absolute NNN lease with Walters Dimmick Petroleum (64 locations) extending to 10/31/2036.
- Excellent visibility and accessibility from I-94 (62,747 CPD), situated within Jackson Crossing (620,000 SF regional center) and adjacent to a 209,800 SF power center.
- $2,333,333 asking price, $911.81 PSF, 6.00% cap rate, $140,000 NOI.
Property Details for 1780 Clinton Rd
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 2,559 SF
- Year Built
- 1991
- Lot Size (sq. ft)
- 22,216 SF
Location Insight
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Latitude
- 42.2695698
- Longitude
- -84.4255679
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield, Long-Term Ground Lease
- Where is the retail property located?
- The property is located at 1780 Clinton Rd Jackson, MI.
- What is the asking price?
- The asking price for this property is $2,333,333.
- What are key features of this property?
- This property features: 2,559 SF Shell-branded convenience store on a 0.51-acre lot in Jackson, MI.; Absolute NNN lease with Walters Dimmick Petroleum (64 locations) extending to 10/31/2036.; Excellent visibility and accessibility from I-94 (62,747 CPD), situated within Jackson Crossing (620,000 SF regional center) and adjacent to a 209,800 SF power center.
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