Description:
LONG TERM OPERATING HISTORY:
- Walters Dimmick Petroleum (64 locations) has been operating at this location since 1991. In 2019, they demonstrated their long term commitment to this site by signing a 10-year lease renewal with rent increases. Tenant has expressed interest in renovating cstore
building in near future.
GROUND LEASE:
- Long term Investment comes with minimal landlord responsibilities.
GREAT VISIBILITY & ACCESS:
- The asset is highly visible from I-94 (48,000 CPD) and benefits from multiple points of ingress/egress to Jackson Crossing, a 620,000 SF regional center and the adjacent Jackson West, a 209,800 SF power center. I-94 is the main thoroughfare between the Detroit area and Chicago.
- Jackson Crossing anchors include Kohl’s, Target, Best Buy, T.J. Maxx, Five Below, and Bed Bath & Beyond.
- Surrounding tenants include Home Depot, Lowe’s, Kroger, Gordon Food Service, Texas Roadhouse, Panda Express, Panera, Starbucks, etc.