Single-Tenant NNN Broadcasting
For Sale
Contact for pricing
Pending
2302 Lapeer Rd, Flint, MI 48503
Fully leased studio facility with a long-term NNN lease and multiple renewal options.
Property Size37,483 SF
Days on Market142
Property Features for 2302 Lapeer Rd
General Information
Standard status
Pending
Size
37,483 SF
Property subtype
Industrial, Office, Special Purpose
Occupancy
100%
Additional Details
Office Units
1
Building Details
Tenancy
Single
Owner Occupied
No
Listing Agency:
JLL Chicago | Americas Headquarters
(312) 782-5800
Listed By:
Mohsin Mirza · License #IL 475.189943
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:48PM
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.
Located at 2302 Lapeer Rd in Flint, Michigan, this single-tenant broadcasting facility contains 37,483 SF and serves as the studio for WJRT-TV, also known as 12 News. The building is fully occupied by Allen Media Broadcasting, a subsidiary of Allen Media Group, and supports a television station with seven sub-channels that operates as the ABC affiliate for Northeast Michigan.
The lease has 15.4 years remaining under a NNN structure and includes four five-year renewal options. Annual rent increases apply during both the initial term and renewal periods. Allen Media Broadcasting operates 24 stations across 13 states. Flint includes major employers and institutions such as General Motors, Ascension Genesys Hospital, Hurley Medical Center, Kettering University, and the University of Michigan-Flint, along with cultural destinations including the Flint Institute of Arts and Sloan Museum.
The lease has 15.4 years remaining under a NNN structure and includes four five-year renewal options. Annual rent increases apply during both the initial term and renewal periods. Allen Media Broadcasting operates 24 stations across 13 states. Flint includes major employers and institutions such as General Motors, Ascension Genesys Hospital, Hurley Medical Center, Kettering University, and the University of Michigan-Flint, along with cultural destinations including the Flint Institute of Arts and Sloan Museum.
Key Highlights
- 37,483 SF single‑tenant broadcasting facility at 2302 Lapeer Rd, Flint, MI 48503
- Fully occupied by Allen Media Broadcasting, a subsidiary of Allen Media Group
- 15.4 years remaining on a NNN lease
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 48503, MI
21,743
Population
11,823
Households
1.8
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
8.5 sq mi
ZIP Area
2,558
Density / Sq Mi
$40,155
Median Household Income
$29,689
Median Earnings
$842
Median Rent
$75,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fully leased studio facility with a long-term NNN lease and multiple renewal options.
Where is this nnn property located?
The property is located at 2302 Lapeer Rd Flint, MI.
What are key features of this property?
This property features: 37,483 SF single‑tenant broadcasting facility at 2302 Lapeer Rd, Flint, MI 48503; Fully occupied by Allen Media Broadcasting, a subsidiary of Allen Media Group; 15.4 years remaining on a NNN lease
