Department Store
Kohl’s Corp. Guaranty | 11-Year NNN Ground Lease | Dense Regional Trade Area Adjacent to Detroit MSA
35000 Warren Rd, Westland, MI 48185
Listing Price: $14,000,000
Investment Overview
The subject property is a single tenant Kohl's under an absolute triple-net, corporate guaranteed ground lease. The store occupies 90,860 square feet and has eleven years remaining on its lease, with four, 5-year option periods remaining. This location is the number four most visited store in the state of Michigan.
The property is well located in a prime high-traffic location at the signalized corner of Warren Road and N. Wayne Road and boasts 60,000+ VPD, offering unmatched visibility and accessibility.
A variety of national and credit tenants are within close proximity including Walmart Supercenter, Target, Lowe's, Home Depot, Dick's Sporting Goods, Meijer and Best Buy.
Department Store
Kohl’s Corp. Guaranty | 11-Year NNN Ground Lease | Dense Regional Trade Area Adjacent to Detroit MSA
Listing Price: $14,000,000
Investment Highlights
- Long-Term Lease National Tenants: Kohl's & Sephora
- Dense & Affluent Trade Area
- Prime High-Traffic Location
- Exceptional Visibility & Signage
Investment Overview
The subject property is a single tenant Kohl's under an absolute triple-net, corporate guaranteed ground lease. The store occupies 90,860 square feet and has eleven years remaining on its lease, with four, 5-year option periods remaining. This location is the number four most visited store in the state of Michigan. The property is well located in a prime high-traffic location at the signalized corner of Warren Road and N. Wayne Road and boasts 60,000+ VPD, offering unmatched visibility and accessibility. A variety of national and credit tenants are within close proximity including Walmart Supercenter, Target, Lowe's, Home Depot, Dick's Sporting Goods, Meijer and Best Buy.
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