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    OFF-MARKET
    Grocery and convenience stores

    1780 Clinton Rd, Jackson, MI 49202

    2,768 SF 0.49 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1978861
    Property summary
    AI-generated 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
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Total area 2,768 SF
    Lot 0.49 ac (21,214 SF)
    Zoning code C-2
    APN 000-08-28-276-001-00
    UPID US43-1978861
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Shell Food Mart Grocery & Convenience Store
    • LibertyX Bitcoin ATM Atm
    • ATM (Shell Food Mart) Atm Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Walters Dimmick Petroleum INC · 1 yrs held
    Walters Dimmick Petroleum INC
    since 2025
    4 recorded transactions
    2025
    2020
    $1,000
    2019
    2018
    Zoning & alternative use
    C-2 · Jackson, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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