Offering Memorandum

Investment Sale

Shell Oil

1780 Clinton Rd
Jackson, Michigan

eCode:005i

Sales Price

$2,333,333

NOI

$140,000

Cap Rate

6.00%

Lease Expiration

10/31/2036

Building Size

±2,559 SF

Lot Size

±0.51 AC

Year Built

1991

Traffic Count

I-94 (62,747 CPD)
US-127 (17,168 CPD)

Highlights

  • Long Term Operating History
  • Ground Lease
  • Excellent Access & Visibility

Radius 1 mile 3 mile 5 mile
Population Density 5,394 54,986 76,583
Household Income $58,422 $57,906 $63,317
Daytime Pop 6,237 38,579 48,687

SIMILAR PROPERTIES

Single-Tenant
219 Jari Dr
Johnstown, Pennsylvania

$4,814,457 | 19,200 SF
Multi-Tenant
2951-2963 Navarre Ave
Oregon, Ohio

$5,963,586 | 15,233 SF
Multi-Tenant
17000 Kercheval Ave
Grosse Pointe, Michigan

Unpriced | 78,058 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan

$4,428,571 | 10,000 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement