Miscellaneous

Point Blank Range & Gun Shop | New 15-Yr. NNN

Listing Price: $4,069,000

Cap Rate
7.00%
Tenant Name
Point Blank
Years Remaining On Lease
15.10
Guarantor
Corporate Guarantee
Rentable SF
15,274
Lease Type
Absolute Net
Rent Per Square Feet
$18.65

Investment Overview

Marcus & Millichap is pleased to present the Point Blank Range & Gun Shop in Wixom (Detroit), Michigan.

Investment Highlights

  • 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Corporate Guaranty with 26+ Locations, Industry Leader in Firearm Sales, Training, and Education
  • Gross Revenue Projected to More Than Double YOY, Firearm and Ammo Sales at an All-Time High
  • 300% YOY Increase in Background Checks for Firearms Purchases
  • Firearms Retailers Classified Nationally as an Essential Business
  • Brand New High-Quality Block/Brick Construction
  • Serving Over 122,000 Residents in Growing and Affluent Trade Area
  • Average Household Income Exceeds $121,000 within a 1 and 3-Mile Radius

Exclusively Listed By

Miscellaneous

Point Blank Range & Gun Shop | New 15-Yr. NNN

Listing Price: $4,069,000

Cap Rate
7.00%
Tenant Name
Point Blank
Years Remaining On Lease
15.10
Guarantor
Corporate Guarantee
Rentable SF
15,274
Lease Type
Absolute Net
Rent Per Square Feet
$18.65

Investment Highlights

  • 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Corporate Guaranty with 26+ Locations, Industry Leader in Firearm Sales, Training, and Education
  • Gross Revenue Projected to More Than Double YOY, Firearm and Ammo Sales at an All-Time High
  • 300% YOY Increase in Background Checks for Firearms Purchases
  • Firearms Retailers Classified Nationally as an Essential Business
  • Brand New High-Quality Block/Brick Construction
  • Serving Over 122,000 Residents in Growing and Affluent Trade Area
  • Average Household Income Exceeds $121,000 within a 1 and 3-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the Point Blank Range & Gun Shop in Wixom (Detroit), Michigan.

Exclusively Listed By

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