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

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
Multi-Tenant
11400-11500 Telegraph Rd
Taylor, Michigan

Unpriced | 83,964 SF
Single-Tenant
1951 Midway Mall
Elyria, Ohio

$1,440,000 | 8,475 SF
Single-Tenant
717 E Lake Shore Dr
Manistique, Michigan

$2,215,385 | 35,299 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement