Listing Agency: JLL - Detroit/Royal Oak, Michigan

Listed By: Colin McCausland · License #MI 6501421333 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 8 Last Checked: Sep 9 at 5:52AM

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Investment Insights

Based on property information with market context.

Situated along the main retail corridor in Huron County, the property at 780 N Van Dyke Rd (Bad Axe, MI 48413) is leased to both Amazon and Goodwill Mid-Michigan. The leases are structured as NNN arrangements, with minimal landlord responsibilities, and include contractual rent escalations associated with the Amazon and Goodwill Mid-Michigan leases.

In addition to the existing leased space, the asset includes a vacant 3,600 SF unit and a separate 1.2-acre out lot that can support future development. The property is presented as a distribution-focused facility with underlying real estate value and a built-in opportunity to reposition the vacant unit and leverage the out lot for additional future improvements.

Key Highlights

• Leased to Amazon and Goodwill Mid‑Michigan under NNN terms
• Long‑term contractual rent includes escalations from Amazon and Goodwill Mid‑Michigan
• NNN leases with minimal landlord responsibilities

Property Analytics

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Current Use

Amazon Delivery Station ... Warehouse & Storage Goodwill Mid-Michigan Discount Store

Suggested Use

Top Pick HVAC Service Real Estate Agency Storage Facility (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

218

Businesses Nearby

Explore this area Business Placement

Demographics for 48413, MI

7,138

Population

3,393

Households

2.1

Avg Household Size

47

Median Age

18%

College-Educated

90%

High-School Grad

137.2 sq mi

ZIP Area

52

Density / Sq Mi

$56,804

Median Household Income

$35,450

Median Earnings

$731

Median Rent

$143,400

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Leased to Amazon and Goodwill Mid-Michigan under NNN terms with minimal landlord responsibilities.

Where is this nnn property located?

The property is located at 780 N Van Dyke Rd Bad Axe, MI.

What are key features of this property?

This property features: Leased to Amazon and Goodwill Mid‑Michigan under NNN terms; Long‑term contractual rent includes escalations from Amazon and Goodwill Mid‑Michigan; NNN leases with minimal landlord responsibilities