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1780 Clinton Rd Jackson, MI 49202

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For Sale
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High-Yield, Long-Term Ground Lease

Property size:
2,559 SF

Property Features for 1780 Clinton Rd

General Information

Property type
Grocery and convenience stores
Square Feet
2,559 SF
Lot Size
22,216 SF

Building Details

Year Built
1991

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Listing Contact
Daniel Kukes
Daniel Kukes

Listing Agency: Landmark Commercial Real Estate Services Listing Agent: Daniel Kukes

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 2,559 square foot Shell-branded convenience store located at 1780 Clinton Rd, Jackson, MI 49202. Boasting a 100% occupancy rate with a strong, long-term tenant (Walters Dimmick Petroleum) under an Absolute NNN lease with 12 years remaining, this property offers significant passive income potential. The lease, initially signed in 1991, has seen consistent renewals, most recently in 2023, extending the term to October 31, 2036. The property sits on a 0.51-acre lot and enjoys excellent visibility and accessibility from I-94 (62,747 cars per day), a major thoroughfare connecting Detroit and Chicago. Its strategic location within Jackson Crossing, a 620,000 square foot regional center, and adjacent to a 209,800 square foot power center, ensures high traffic volume. The asking price is $2,333,333, representing a price per square foot of $911.81 and a 6.00% cap rate, with a current Net Operating Income (NOI) of $140,000. This is a rare opportunity to acquire a stable, high-performing asset with a proven track record and significant long-term growth potential. The property was built in 1991. This ground lease minimizes landlord responsibilities, making it an ideal investment for passive income seekers.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Shell Food Mart Grocery & Convenience Store LibertyX Bitcoin ATM Atm ATM (Shell Food ... Atm

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Jackson
County
Jackson
State
Michigan
Longitude
-84.4255679
Latitude
42.2695698

FAQs

What type of property is this?
Grocery and convenience store - High-Yield, Long-Term Ground Lease
Where is this grocery and convenience store located?
The property is located at 1780 Clinton Rd Jackson, MI.
What is the asking price?
The asking price for this property is $2,333,333.
What are key features of this property?
This property features: 2,559 SF Shell-branded convenience store on a 0.51-acre lot in Jackson, MI.; Absolute NNN lease with Walters Dimmick Petroleum (64 locations) extending to 10/31/2036.; Excellent visibility and accessibility from I-94 (62,747 CPD), situated within Jackson Crossing (620,000 SF regional center) and adjacent to a 209,800 SF power center.
(248) 488-2620 Call to check price and availability
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