Ground-Leased Retail NNN
For Sale
Contact for pricing
7375 Highland Rd, White Lake, MI 48383
Absolute NNN ground lease with two ingress/egress and 11 years of base term remaining.
Property SizeContact for details
Days on Market121
Property Features for 7375 Highland Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
47,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Northmarq Capital, LLC
Listed By:
Brandon Duff · License #IL 475139166
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 7:44AM
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 Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This absolute NNN retail ground-leased property is operated under a long-term structure that requires no management responsibilities by the landlord, with the tenant maintaining everything. The lease provides 11 years of base term remaining, and the tenant is Kohl’s, rated “BBB” by S&P.
Located at 7375 Highland Rd in White Lake Charter Township, MI, the site features two points of ingress/egress and is described as a signalized corner with 47,000 VPD at the site. The remarks also note that neighboring wetlands limit development opportunity and create high barriers to entry. Nearby retailers listed in the offering materials include Meijer, AutoZone, Pet Supplies Plus, PNC Bank, McDonald’s, Starbucks, CVS, JCPenney, Arby’s, Subway, Dunkin’ Donuts, and Kroger. The area is described as supporting affluent demographics within 5 miles, including 70,600 residents with an average household income of $92,508, along with year-over-year population growth.
Located at 7375 Highland Rd in White Lake Charter Township, MI, the site features two points of ingress/egress and is described as a signalized corner with 47,000 VPD at the site. The remarks also note that neighboring wetlands limit development opportunity and create high barriers to entry. Nearby retailers listed in the offering materials include Meijer, AutoZone, Pet Supplies Plus, PNC Bank, McDonald’s, Starbucks, CVS, JCPenney, Arby’s, Subway, Dunkin’ Donuts, and Kroger. The area is described as supporting affluent demographics within 5 miles, including 70,600 residents with an average household income of $92,508, along with year-over-year population growth.
Key Highlights
- Absolute NNN ground lease with no management responsibilities; tenant maintains everything
- 11 years of base lease term remaining
- Corner site with two points of ingress/egress and 47,000 VPD at the property
Property Analytics
Current Use
Lease Details
47,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 48383, MI
13,171
Population
5,066
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
789
Density / Sq Mi
$98,617
Median Household Income
$45,534
Median Earnings
$1,143
Median Rent
$305,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN ground lease with two ingress/egress and 11 years of base term remaining.
Where is this nnn property located?
The property is located at 7375 Highland Rd White Lake, MI.
What are key features of this property?
This property features: Absolute NNN ground lease with no management responsibilities; tenant maintains everything; 11 years of base lease term remaining; Corner site with two points of ingress/egress and 47,000 VPD at the property
