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5009 Miller Road - Flint, MI

5009 Miller Rd Flint, Michigan United States 48507-1043
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

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Attributes

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Property Description

JLL is pleased to offer for sale the fee simple interest in a new construction, three tenant net lease investment in Flint, MI. The asset is anchored by a United States (U.S.) Government backed Armed Forces Career Center who has operated in the market for over 20 years and is further complimented by two, high performing global franchises: Smoothie King and Jersey Mike’s. Constructed in 2019, the asset features nearly 6 years of weighted-average lease term remaining, providing investors an attractive annual yield with tremendously stable tenancy.

Investment Highlights

-US Government, Smoothie King, and Jersey Mike's provide stable tenancy

-US Government has operated in the market for over 20 years

-Brand new construction with zero deferred maintenance

-Drive-thru enabled location with hard corner location at signalized intersection

-Less than a quarter mile off I-69 within Michigan's second largest MSA

Last Updated Date: 03 Nov 2020
Alex Sharrin
Alex Sharrin
Managing Director, Capital Markets
License details
IL - 475.170243
+46812111187
Alex Geanakos
Alex Geanakos
Director, Capital Markets
License details
475.189621
+46812111187
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+46812111187
Last Updated Date: 03 Nov 2020

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