Department Store
K & G Fashion
3407 Miller Rd, Flint, MI 48507
Listing Price: $2,400,000
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.
K & G Fashion
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
Listing Price: $2,400,000
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
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