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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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Principal
Broker
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
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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