Southgate, MI (Detroit MSA) 48195

Range USA

Property Address

12780 Reeck Road, Southgate, MI, USA

Offering Summary

  • Price: $4,924,000
  • Lot Size: 2.2 Acres
  • Cap Rate: 7.25%
  • Year Built: 2023
  • Building SF: 15,000
  • Status: Available
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  • 20-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years
  • Strong Corporate Guaranty, 45+ Locations in 12 States and Expanding
  • World’s Largest Indoor Gun Range Operator and Industry Leader in Firearm Sales, Training, and Education
  • 2022 Gun Sales Were 3rd Highest Since Records Began, 20% Higher than 2019
  • Firearm Retailers Classified Nationally as an Essential Business
  • Brand New High-Quality Brick/Block Construction
  • Serving Over 247,000 Residents in Established Trade Area
  • Just Off I-75 with 90,500 Cars/Day, One of the Busiest Highways in the State with Direct Access to Detroit
  • Strategic Location, Competition Void in the Immediate Trade Area
  • Regional Retail Corridor, Close Proximity to Walmart, Sam’s Club, Home Depot, Meijer, Menards, and Many More Big Box Retailers
  • Strong Daytime Population, Over 75,000 Employees in the Trade Area

Broker Information