Skip to main content

Department Store

K & G Fashion

3407 Miller Rd, Flint, MI 48507

Listing Price: $2,400,000

Cap Rate
7.43%
Tenant Name
K & G Fashion Superstore
Years Remaining On Lease
13.7
Guarantor
Subsidiary of a Corporation
Rentable SF
20,000
Lease Type
Absolute Net
Rent Per Square Feet
$8.92

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a retail property owned and operated by Tailored Brands. Located in Flint, MI the asset is comprised of 20,000 square feet on a total of 1.51 acres. The tenant K & G Fashion Superstore is a wholly owned subsidiary of Tailored Brands. Tailored Brands is a leading omnichannel specialty retailer of menswear including suits, formalwear, sportswear and a broad selection of business casual offerings. Their brands include Men’s Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore. Tailored Brands operates over 1,000
stores in the U.S. and Canada, and ships to 150+ countries worldwide. Products are manufactured in 14 countries across 4 continents. Annual revenue exceeds $2.9 billion. Fourteen years remaining on the Absolute Net Lease with 2% annual increases. The below market rent of $8.93 a Square Foot allow for rental appreciation in the future.

Investment Highlights

  • 14 years remaining on this absolute net lease. The tenant is K & G Fashion Superstore Inc, a wholly owned subsidiary of Tailored Brands.
  • Located on Miller Road a Prime Retail Corridor within Major Market . A 20,000 Sq. Ft. store located across the street from Genesee Valley Mall and next to a Target Store.
  • One of the Largest Retailers Dedicated to Men's Clothing Providing Scale and Leverage Across Brands. The location has Strong Demographics and Traffic Counts.

Exclusively Listed By

Department Store

K & G Fashion

Listing Price: $2,400,000

Cap Rate
7.43%
Tenant Name
K & G Fashion Superstore
Years Remaining On Lease
13.7
Guarantor
Subsidiary of a Corporation
Rentable SF
20,000
Lease Type
Absolute Net
Rent Per Square Feet
$8.92

Investment Highlights

  • 14 years remaining on this absolute net lease. The tenant is K & G Fashion Superstore Inc, a wholly owned subsidiary of Tailored Brands.
  • Located on Miller Road a Prime Retail Corridor within Major Market . A 20,000 Sq. Ft. store located across the street from Genesee Valley Mall and next to a Target Store.
  • One of the Largest Retailers Dedicated to Men's Clothing Providing Scale and Leverage Across Brands. The location has Strong Demographics and Traffic Counts.

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a retail property owned and operated by Tailored Brands. Located in Flint, MI the asset is comprised of 20,000 square feet on a total of 1.51 acres. The tenant K & G Fashion Superstore is a wholly owned subsidiary of Tailored Brands. Tailored Brands is a leading omnichannel specialty retailer of menswear including suits, formalwear, sportswear and a broad selection of business casual offerings. Their brands include Men’s Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore. Tailored Brands operates over 1,000 stores in the U.S. and Canada, and ships to 150+ countries worldwide. Products are manufactured in 14 countries across 4 continents. Annual revenue exceeds $2.9 billion. Fourteen years remaining on the Absolute Net Lease with 2% annual increases. The below market rent of $8.93 a Square Foot allow for rental appreciation in the future.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower