4929 Baldwin Rd Orion Township, MI 48359

This exceptional retail investment opportunity presents a fee-simple ownership interest in a 3,150 square foot building situated on a 0.39-acre lot at 4929 S Baldwin Rd, Orion Township, MI 48359. The property boasts a strong 100% occupancy rate, secured by a 10-year absolute net (NNN) lease commencing June 30, 2024, and expiring June 29, 2034, leaving a substantial 10.1 years remaining lease term. The current tenant is a Sleep Number store, benefiting from its strategic location on Baldwin Road, directly across from the Baldwin Commons Shopping Center, conveniently north of I-75, and near the Great Lakes Crossing Outlets. This prime location ensures high visibility and accessibility within a thriving retail corridor. The property offers a compelling net operating income (NOI) of $132,300, translating to an attractive 6.75% capitalization rate and an asking price of $1,960,000 ($622.22 per square foot). The property is offered free and clear of any encumbrances, presenting a straightforward and attractive investment opportunity. This is a rare chance to acquire a stable, high-performing retail asset in a desirable Michigan location. The property is delivered free and clear.