21800 Greater Mack Ave, Saint Clair Shores, MI 48080

Fortis Net Lease is pleased to present this free-standing Citizens Bank located in Saint Clair Shores, MI. The tenant recently signed a new 5 year Absolute NNN lease. There are 2.5% rent increases in place every year and includes two (2) five (5) year options to renew with 2.5% increases every year. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. Citizens Bank is a financial institution that operates primarily in the United States that was founded in 1828 as the High Street Bank in Providence, Rhode Island. It has a long history of mergers and acquisitions, expanding its presence and services over the years. Citizens Bank is a subsidiary of Citizens Financial Group, Inc., a publicly traded bank holding company. The bank provides a range of financial services, including personal and business banking, wealth management, mortgage services, and more. Citizens Bank offers various retail banking products such as savings accounts, checking accounts, credit cards, and loans for individuals. The bank also provides banking solutions tailored for businesses, including business loans, merchant services, and other financial products. Saint Clair Shores is a suburban city located in Macomb County, Michigan, along the shores of Lake St. Clair. It is a part of the Detroit metropolitan area and provides a suburban residential setting while still offering easy access to the amenities and employment opportunities of the larger Detroit area. The city is known for its numerous waterfront parks, marinas, and recreational activities, making it an attractive place for outdoor enthusiasts. Residents enjoy a mix of residential neighborhoods, commercial areas, and green spaces, contributing to the overall quality of life in Saint Clair Shores. The community has a diverse range of services, schools, and local businesses, fostering a strong sense of community. The city hosts events and festivals throughout the year, bringing residents together and creating a vibrant social atmosphere. Additionally, Saint Clair Shores benefits from its proximity to major highways, facilitating convenient travel to nearby cities and contributing to its appeal as a residential suburb within the greater Detroit region.