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Gas Station Portfolio
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11700 M 50, Brooklyn, MI 49230

Michigan convenience and fuel portfolio leased on an absolute NNN basis to an established operator.

Property Size35,972 SF
Days on Market169

Property Features for 11700 M 50

General Information

Standard status Active
Size 35,972 SF
Property subtype Retail, Special Purpose
Occupancy 100%

Building Details

Buildings 8
Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Josh Katlin · License #IL 475.202814
Source: Crexi
Added: Mar 17 Changed: Aug 31 Last Checked: Aug 29 at 8:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

This offering comprises 8 convenience store and gas locations totaling 35,972 SF across Michigan. The portfolio is fully occupied by USA 2 GO Quick Stores, Inc., which operates 25 locations statewide. The properties combine convenience retail and fueling uses across a multi-site platform.

The lease structure provides a 20-year initial term under an absolute triple-net master lease. Contractual rent increases of 10.0% every 5-years are included, along with four (4) x 5-year renewal options. The portfolio is offered only as a complete package; individual locations will not be considered separately.

Key Highlights

  • 8 convenience store and gas locations across Michigan
  • Portfolio totals 35,972 SF
  • 100% occupied by USA 2 GO Quick Stores, Inc.

Property Analytics

Current Use

bp Gas Station

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Grocery & Convenience Store Computer & Electronic Repair Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
6,751 visits/mo 0.2 miles

Demographics for 49230, MI

10,364
Population
6,108
Households
1.7
Avg Household Size
52
Median Age
27%
College-Educated
96%
High-School Grad
64.0 sq mi
ZIP Area
162
Density / Sq Mi
$81,052
Median Household Income
$52,448
Median Earnings
$1,116
Median Rent
$252,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Michigan convenience and fuel portfolio leased on an absolute NNN basis to an established operator.
Where is this gas station located?
The property is located at 11700 M 50 Brooklyn, MI.
What are key features of this property?
This property features: 8 convenience store and gas locations across Michigan; Portfolio totals 35,972 SF; 100% occupied by USA 2 GO Quick Stores, Inc.
More about this property
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