15045 Dixie Hwy B Holly, MI 48442
For Lease
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Exceptional investment opportunity in a rapidly expanding sector. This turnkey portfolio comprises 84 installed and operating electric vehicle (EV) charging systems strategically located in high-traffic municipal areas throughout Michigan. Each system features a mix of Level 2 and 3 (DC fast) chargers, ensuring broad appeal and utilization. The network benefits from 10-year ground leases with municipalities, providing long-term stability and predictable cash flow. The current NOI stands at $4,500 annually, representing a 6.00% cap rate on the asking price of $75,000. The property includes 84 parking spaces, one per charging unit, and revenue is poised for growth as EV usage increases. The ground lease extends until October 24, 2034, offering a substantial remaining lease term of 10 years. This sale/leaseback opportunity presents a unique chance to acquire a proven, scalable business with significant upside potential. The network utilizes state-of-the-art technology, including integrated operating software and payment processing for streamlined management. Further expansion is possible, with plans to install an additional 144 charging systems. The price per unit is $892.86, and the property is categorized as a Business for Sale with Special Purpose, encompassing Business and Building and Telecom/Data Center subtypes. The tenant possesses a credit rating, and the multi-tenant structure ensures diversified income streams. This is an ideal investment for those seeking exposure to the burgeoning EV infrastructure market. Located at 15045 Dixie Hwy, Holly, MI 48442, this portfolio offers a compelling combination of stability, growth potential, and strong cash flow.
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The State Group Real Estate Agency
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Holly, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.