Single-Tenant Retail

Built-to-Suit Advance Auto Part | Rare NNN Lease with 8 Years Remaining

2230 Fort Street, Lincoln Park, MI

Listing Price: $1,907,000

Click To Access Offering Memorandum
  • Cap Rate7.00%
  • Building SF6,157 SF
  • Price/SF$309.75
  • Year Built / Renovated2010

Investment Highlights

  • NNN lease with landlord responsibilities limited to the foundation
  • Eight years remaining with seven percent increases in option period
  • High-traffic location with 36,348 vehicles per day along Fort Street (M-85) and a combined 75,378 vehicles per day at the nearby Fort Street and Southfield Road intersection.
  • Densely populated market – 130,244 residents within 3 miles
  • Within proximity to national anchors including Kroger, Meijer, Walmart, and Aldi
  • Centrally positioned in the Downriver Detroit market, the “Crossroads of Downriver,” connecting Southgate, Allen Park, Wyandotte, and Taylor
  • Proximity to major regional drivers including the Gordie Howe International Bridge, downtown Detroit, and Detroit Metropolitan Wayne County Airport
  • Regional redevelopment underway, including the transformation of the former Sears in Allen Park into a major mixed-use destination
Lead Agent

Darin Gross

Senior Director Investments

Lic: MI 6501384871

Seth Haron

Managing Director Investments

Lic: MI 6501373006

Ashish Vakhariya

Senior Managing Director Investments

Lic: MI 6501322501

Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613