Two-Asset Industrial NNN
For Sale
Contact for pricing
445 E Van Riper Rd, Fowlerville, MI 48836
Two industrial buildings are leased under separate NNN agreements with a weighted average lease term of about 9.48 years.
Property SizeContact for details
Days on Market121
Property Features for 445 E Van Riper Rd
General Information
Standard status
Active
Property subtype
Industrial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
8%
Building Details
Tenancy
Single
Listing Agency:
Signature Associates Southfield
(248) 359-0614
Listed By:
Jim Montgomery · License #MI 6501312404
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 8:28AM
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 Signature Associates Southfield
Investment Insights
Based on property information with market context.
The offering is a two-asset, single-tenant industrial portfolio featuring two buildings occupied by J. America in Fowlerville and Webberville. Each location is under a separate NNN lease agreement, with rental increases tied to the Consumer Price Index (CPI). The leases also provide for annual escalations, and the portfolio is described as having a weighted average lease term of about 9.48 years.
Both assets are positioned off I-96, providing access to multiple Midwest markets including Detroit, Ann Arbor, Toledo, Cleveland, Chicago, Windsor, and Toronto.
As presented, the structure is a triple-net arrangement intended to entail minimal landlord responsibility, supported by the two existing NNN leases.
Both assets are positioned off I-96, providing access to multiple Midwest markets including Detroit, Ann Arbor, Toledo, Cleveland, Chicago, Windsor, and Toronto.
As presented, the structure is a triple-net arrangement intended to entail minimal landlord responsibility, supported by the two existing NNN leases.
Key Highlights
- Two industrial buildings in a single‑tenant portfolio leased to J. America under separate NNN agreements
- Weighted average lease term of about 9.48 years across the two properties
- NNN lease structure with rental increases based on CPI, plus annual escalations for yearly yield enhancement
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 48836, MI
14,183
Population
5,614
Households
2.5
Avg Household Size
39
Median Age
21%
College-Educated
94%
High-School Grad
94.0 sq mi
ZIP Area
151
Density / Sq Mi
$86,317
Median Household Income
$47,510
Median Earnings
$1,068
Median Rent
$262,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Two industrial buildings are leased under separate NNN agreements with a weighted average lease term of about 9.48 years.
Where is this nnn property located?
The property is located at 445 E Van Riper Rd Fowlerville, MI.
What are key features of this property?
This property features: Two industrial buildings in a single‑tenant portfolio leased to J. America under separate NNN agreements; Weighted average lease term of about 9.48 years across the two properties; NNN lease structure with rental increases based on CPI, plus annual escalations for yearly yield enhancement
