Offering Memorandum

Investment Sale

JOANN

600 Brown Rd
Auburn Hills, Michigan

eCode:002i

Sales Price

$7,545,428

NOI

$528,180

Cap Rate

7.00%

Building Size

44,015 SF

Lot Size

8.81 AC

Year Built

2000

Traffic Count

Brown Rd (17,730 CPD)
I-75 (67,434 CPD)

Highlights

Property is for sale or lease – Please contact broker for details

  • Publicly Traded Company
  • Strong Retail Location
  • Established Location with Rent Increases
  • High Tenant Demand
  • Easy Access off of I-75

Radius 1 mile 3 mile 5 mile
Population Density 1,179 38,641 133,210
Household Income $127,216 $83,560 $96,137
Daytime Pop 4,143 41,304 105,763

SIMILAR PROPERTIES

Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio

Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
40 Catherwood Rd
Ithaca, New York

$5,786,957 | 126,000 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan

$4,000,000 | 26,595 SF
Single-Tenant
2150 Executive Hills Ct
Auburn Hills, Michigan

$18,181,416 | 114,830 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement