Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area
Land Area ()

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
Alex Geanakos
Alex Geanakos
Director, Capital Markets
License details
475.189621

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Last Updated Date: 03 Nov 2020

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