Seri Bryant

Associate

818.212.2655

Seri.Bryant@MarcusMillichap.com

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

Danny.Abergel@MarcusMillichap.com

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Snyder

Senior Research Analyst

818.212.2731

Rebekah.Zweiban@MarcusMillichap.com

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Ezra Orr

Senior Director, Digital Development

818.212.2730

"

The only person you should try to be better than is the person you were yesterday."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Auburn Hills, MI

600 Brown Rd, Auburn Hills, MI 48326

Price:
$7,824,889
CAP Rate:
6.75%
NOI:
$528,180
Net Rentable Area:
43,844 SF
Lot Size:
8.81 Acres
Year Built:
2000
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

DOWNLOAD THE OFFERING

Property Details

  • Absolute Net-Lease – Zero Landlord Responsibilities
  • Strong Tenant Loyalty to Region. Original 15 Year Lease Extended Twice
  • Regular escalations in rent hedges against inflation
  • Located in Target Anchored Shopping Center which sits across from a Meijer and adjacent to Costco, Home Depot, Home Goods, Kohl’s, and the Great lakes Crossing outlet Mall (one of the strongest performing malls in the State)
  • Affluent Suburb With Household Income Averaging Over $107,430
  • Densely Populated Retail Hub
  • The Fiat Chrysler (FCA) global HQ is located 6.3 miles from the site. They employ 12,848+ employees).
  • 78,184 VPD - I-75

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