Ziebart | Lansing, MI
Sands Investment Group is Pleased to Present Exclusively For Sale the Absolute NNN Lease Automotive Asset Located at 604 N Creyts Road in Lansing, Michigan. Priced Under $800,000, This Property Provides For a Perfect 1031 Exchange Opportunity at Under $80 PSF. With a Rent of Less Than $6 PSF Per Year, This Investment Offers a Secure Income Stream With Replaceable Rent and Potential Value-Add Opportunity in the Future.
LOW PRICE POINT & STABLE INVESTMENT
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Tenant Recently Exercised Their First Option Period Demonstrating Their Commitment to the Location
- Long Term Operating History of Nearly 15 Years at This Location
- Low Price Per Square Foot (Under $100 PSF)
- Attractive Price Point – Perfect For 1031 Trade
- Extremely Low & Replaceable Rent (Under $6 PSF/ Year) Offers Security and Potential Value Add in the Future
HIGH QUALITY & INTERNET RESISTANT TENANT
- The Company Was Founded in 1959 and Operates Approximately 400 Licensed Locations With 1,200 Service Centers in 37 Countries
UNMATCHED EXPOSURE & ACCESS
- This Property is Located Right Off of W Saginaw Hwy a Busy Street Featuring Premier Grocery Stores and Restaurants
- Nearby Tenants Include: Walgreens, Kroger, Target, ALDI, Burlington, Red Robin, FedEx, Kohl’s and More
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