Offering Memorandum
Investment Sale
JOANN
600 Brown Rd
Auburn Hills, Michigan
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
- 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
Multi-Tenant
7848 Mall Rd & 7852 Mall Rd
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Multi-Tenant
11400-11500 Telegraph Rd
Taylor, Michigan
Unpriced | 83,964 SF
Taylor, Michigan
Unpriced | 83,964 SF
