Best Buy NNN Retail
For Sale
Contact for pricing
300 Brown Rd, Auburn Hills, MI 48326
Absolute NNN lease structure leaves no landlord responsibilities and includes corporate lease support.
Property SizeContact for details
Days on Market144
Property Features for 300 Brown Rd
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Traffic Count
55,400 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(808) 541-5108
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 2:25AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The fee simple land-and-building ownership is leased to Best Buy Stores, L.P. under an absolute NNN agreement with no landlord responsibilities. The tenant exercised its first option in 2020, adding 5 years of firm term, while the lease provides 3% rent increases at the start of each option period. The corporate guarantee is supported by Best Buy’s S&P BBB+ rating.
Positioned at the signalized intersection of Brown Road and Baldwin Road in Auburn Hills, the property benefits from direct access to Interstate 75 and visibility from significant street frontage and a large pylon sign. Brown Road and Baldwin Road carry a combined 55,400 vehicles per day, while Interstate 75 carries 71,300 VPD. Nearby retail includes Baldwin Commons Shopping Center, The Auburn Mile Shopping Center, and Great Lakes Crossing Outlets. The surrounding trade area includes national retailers, 131,000 residents within 5 miles, and 73,800 daytime employees.
Positioned at the signalized intersection of Brown Road and Baldwin Road in Auburn Hills, the property benefits from direct access to Interstate 75 and visibility from significant street frontage and a large pylon sign. Brown Road and Baldwin Road carry a combined 55,400 vehicles per day, while Interstate 75 carries 71,300 VPD. Nearby retail includes Baldwin Commons Shopping Center, The Auburn Mile Shopping Center, and Great Lakes Crossing Outlets. The surrounding trade area includes national retailers, 131,000 residents within 5 miles, and 73,800 daytime employees.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- Best Buy corporate guarantee supported by S&P BBB+ rating
- First option exercised in 2020, adding 5 years of firm term
Property Analytics
Property Profile
Current Use
Lease Details
55,400 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
471k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 28%
Dining 22%
Shops & Services 14%
Home Improvements & Furnishings 11%
Costco Wholesale
Superstores
132,028 visits/mo
0.1 miles
Nordstrom Rack
Apparel
48,569 visits/mo
0.4 miles
Menards
Home Improvements & Furnishings
42,467 visits/mo
0.1 miles
Best Buy
Electronics
39,546 visits/mo
0.1 miles
Texas Roadhouse
Dining
31,475 visits/mo
0.2 miles
Demographics for 48326, MI
22,228
Population
12,219
Households
1.8
Avg Household Size
36
Median Age
47%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
1,315
Density / Sq Mi
$79,468
Median Household Income
$46,012
Median Earnings
$1,411
Median Rent
$235,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure leaves no landlord responsibilities and includes corporate lease support.
Where is this nnn property located?
The property is located at 300 Brown Rd Auburn Hills, MI.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; Best Buy corporate guarantee supported by S&P BBB+ rating; First option exercised in 2020, adding 5 years of firm term
