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
3005 Boardwalk Dr
Ann Arbor, Michigan

$5,500,000 | 45,390 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan

Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF
Multi-Tenant
6029-6035 E Virginia Beach Blvd
Norfolk, Virginia

$2,037,959 | 16,325 SF
Multi-Tenant
205 S. Greenville West Dr
Greenville, Michigan

$8,000,000 | 95,054 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement