NAPA Auto Parts NNN
For Sale
Contact for pricing
320 Lansing St, Charlotte, MI 48813
Single-tenant automotive retail asset with an absolute net lease and extended contractual term.
Property SizeContact for details
Days on Market142
Property Features for 320 Lansing St
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:41AM
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 single-tenant NNN property is occupied by NAPA Auto Parts and operates as an automotive retail asset. The lease is structured on an absolute net basis, with approximately 18 years of WALT remaining, 1.00% annual contractual rent increases, and four 5-year renewal options.
The property is located at 320 Lansing St in Charlotte, Michigan, along Lansing Street and adjacent to U.S. Interstate-69. The interstate corridor records exposure to more than 30,000 vehicles per day, providing a prominent transportation setting for the existing retailer.
The long-term lease structure, scheduled rent growth, and renewal options are the primary investment characteristics of the asset.
The property is located at 320 Lansing St in Charlotte, Michigan, along Lansing Street and adjacent to U.S. Interstate-69. The interstate corridor records exposure to more than 30,000 vehicles per day, providing a prominent transportation setting for the existing retailer.
The long-term lease structure, scheduled rent growth, and renewal options are the primary investment characteristics of the asset.
Key Highlights
- Single‑tenant NAPA Auto Parts occupancy
- Approximately ±18‑year WALT
- Absolute net lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
Explore this area
Business Placement
Demographics for 48813, MI
21,068
Population
8,174
Households
2.6
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
168.1 sq mi
ZIP Area
125
Density / Sq Mi
$77,431
Median Household Income
$41,723
Median Earnings
$870
Median Rent
$178,500
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 - Single-tenant automotive retail asset with an absolute net lease and extended contractual term.
Where is this nnn property located?
The property is located at 320 Lansing St Charlotte, MI.
What are key features of this property?
This property features: Single‑tenant NAPA Auto Parts occupancy; Approximately ±18‑year WALT; Absolute net lease structure
