Kohl's Ground Lease w/over 11 Years Remaining - 35000 W Warren Rd

Westland, MI 48185

• NNN Property
• Retail for Sale
• $19,282,341 CAD
• 90,860 SF

• Security System

Westland Retail for Sale - Southern I-275 Corridor

The subject property is a single tenant Kohl's under an absolute triple-net, corporate guaranteed ground lease. The store occupies 90,860 square feet and has eleven years remaining on its lease, with four, 5-year option periods remaining. This location is the number four most visited store in the state of Michigan. The property is well located in a prime high-traffic location at the signalized corner of Warren Road and N. Wayne Road and boasts 60,000+ VPD, offering unmatched visibility and accessibility. A variety of national and credit tenants are within close proximity including Walmart Supercenter, Target, Lowe's, Home Depot, Dick's Sporting Goods, Meijer and Best Buy.

Contact:

Marcus & Millichap

Property Subtype:

Department Store

Date on Market:

2025-09-23

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395 Briarwood Cir

Ann Arbor, MI 48108

• NNN Property
• Retail for Sale
• $3,718,737 CAD
• 3,568 SF

• Air Conditioning
• Wheelchair Accessible
• Smoke Detector

Ann Arbor Retail for Sale - Washtenaw W of 23

• Exceptional investment opportunity at $2,700,000 • Investment-grade, long-term tenant with Bank of America’s corporate guarantee • Single-tenant asset in Ann Arbor’s Southside • Irreplaceable location in supply-constrained market (Ann Arbor has traditionally maintained a restrictive stance toward new drive-through development) Confidentiality Agreement: https://oxfordcompanies.com/395-ca/

Contact:

Oxford Companies

Property Subtype:

Bank

Date on Market:

2025-09-16

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Dollar General - 15000 Manitou Rd

Manitou Beach, MI 49253

• NNN Property
• Retail for Sale
• $2,666,635 CAD
• 9,100 SF

Manitou Beach Retail for Sale - Lenawee County

Fortis Net Lease is pleased to present this 2025 BTS 9,100 SF. Dollar General store located in Manitou Beach, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in August 2025. This Dollar General is highly visible as it is strategically positioned on the corner of Main Street & Manitou Road. This is the only dollar store serving the community! The 10 mile population from the site is 34,332 and the 3 mile average household income is $95,717 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.80% cap rate based on NOI of $131,656.

Contact:

Fortis Net Lease

Property Subtype:

Convenience

Date on Market:

2025-08-20

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Dollar General - 7519 E Michigan Ave

Jackson, MI 49201

• NNN Property
• Retail for Sale
• $3,012,534 CAD
• 10,640 SF

Jackson Retail for Sale - Jackson County

Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Jackson, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in July 2025! This Dollar General is highly visible as it is strategically positioned on the corner of Eastland Street & Michigan Avenue which sees 3,639 cars per day. This is the only dollar store serving the community! The 5 mile population from the site is 29,969 and the 1 mile average household income is $84,775 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.75% cap rate based on NOI of $147,640.

Contact:

Fortis Net Lease

Property Subtype:

Convenience

Date on Market:

2025-08-20

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Red Lobster - 29980 Plymouth Rd

Livonia, MI 48150

• NNN Property
• Retail for Sale
• $3,537,573 CAD
• 8,141 SF

• Restaurant

Livonia Retail for Sale - Southern I-275 Corridor

Surmount is pleased to present the exclusive listing for a Red Lobster located at 29980 Plymouth Road, Livonia, MI 48150. The site consists of roughly 8,141 rentable square feet of building space on an estimated 1.94-acre parcel of land. This Red Lobster is subject to a --year Triple Net (NNN) lease, which commenced -. The current annual rent is $195,153 and has scheduled increases of 2.00% annually.

Contact:

Surmount

Property Subtype:

Restaurant

Date on Market:

2025-07-11

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Single Tenant Net Lease Dollar Tree - 408 W Maumee St

Adrian, MI 49221

• NNN Property
• Retail for Sale
• $2,226,652 CAD
• 19,500 SF

• Air Conditioning
• Security System
• Wheelchair Accessible

Adrian Retail for Sale - Lenawee County

Marcus & Millichap is pleased to present the Dollar Tree located at 408 W. Maumee Street in Adrian, Michigan. Dollar Tree (Standard & Poor's: BBB Stable; NASGAQ: DLTR) signed a new 10-year lease in June 2024. Recent improvements include a new parking lot, HVAC, plumbing, and electrical systems. The lease features four, give-year renewal options, with $0.50 per-square-feet rent escalation at the beginning of each option period. The property sits on a large 3.83-acre parcel, offering potential for an outparcel development to enhance long-term value. Landlord responsibilities are minimal, making this an attractive passive investment.

Contact:

Marcus & Millichap

Property Subtype:

Convenience

Date on Market:

2024-07-25

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Carvana | 17yrs Remain Corp Abs NNN - 26890 Adell Center Dr

Novi, MI 48375

• NNN Property
• Retail for Sale
• $12,634,065 CAD
• 5,706 SF

Novi Retail for Sale - Central I-96 Corridor

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding Carvana investment property located in Novi, Michigan (Detroit MSA). The tenant, Carvana, LLC has approximately 17 years remaining with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

Contact:

SRS National Net Lease

Property Subtype:

Auto Dealership

Date on Market:

2024-11-07

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Walgreens Detroit MSA 9 CAP Rental Increases - 9100 Telegraph Rd

Taylor, MI 48180

• NNN Property
• Retail for Sale
• $6,578,706 CAD
• 14,490 SF

Taylor Retail for Sale - Airport District

Pharma Property Group is pleased to market for sale the Walgreens property located at 9100 Telegraph Road in Taylor, Michigan (“The Property”). Walgreens has approximately 4 years of firm term remaining on an absolute NNN lease with 5% rental increases every 5 years through 2049. The next 5% increase comes in May of 2029. The property is strategically located as the closest Walgreens and national chain drugstore to Beaumont Hospital, a 148-bed facility with over 1,094 employees, one block to the south. In addition to the medical facilities, the Property benefits from over 2.3 million square feet of retail, and 5.9 million square feet of industrial space, in a 2-mile radius. Recently the Rite Aid across the street from the Property shuttered its operations leaving the Subject Property as the only free-standing national chain drugstore in a 2-mile radius. With over 2,400 multifamily units within 2 miles, the Property benefits from the added customer base. The Property is located 3 miles from Detroit Metropolitan Airport, Michigan's busiest airport, serving over 36.7 million passengers annually and offering over 1,100 flights daily. Additionally, Walgreens is positioned on the signalized hard corner of Telegraph Road/U.S. Route 24 with over 65,000 vehicles per day and serves as a main north/south thoroughfare and a major arterial heading south from Detroit to Toledo, Ohio, and eventually to Fort Wayne, Indiana. Listed in association with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, MI DRE Lic. #6502428679.

Contact:

Pharma Property Group- Drugstore Specialists

Property Subtype:

Drug Store

Date on Market:

2024-05-09

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