32406 Franklin Rd Franklin, MI 48025

Fortis Net Lease is pleased to present a prime investment opportunity located at 32406 Franklin Rd, Franklin, MI, 48025. This 1,827 SF building, constructed in 1978, has been occupied by the US Post Office since construction. The tenant has NO identifiable sites to which they can ever relocate due to the historical designation of Franklin Road. The common area maintenance (lawn and snow) is managed and paid directly by USPO. The landlord pays for capital replacements and repairs to the premises as well as the property insurance and real estate taxes (which are then 100% reimbursed by tenant). There are 10% rent bumps in remaining five year options to renew the term. Investing in commercial property on Franklin Road in the Village of Franklin, MI, presents a unique opportunity due to the area's blend of historic charm and strategic location. Franklin is known for its well-preserved 19th-century architecture and a strong sense of community, attracting both residents and visitors seeking a quaint village atmosphere. Franklin Road serves as a central thoroughfare, providing excellent visibility and accessibility for businesses. The limited availability of commercial spaces in this predominantly residential area can lead to higher demand and potential appreciation in property value. Location Description Franklin, Michigan, is a picturesque village in Oakland County, approximately 20 miles northwest of Detroit. Established in 1825 and named after Benjamin Franklin, it is renowned for its well-preserved 19th-century architecture and tranquil ambiance, earning it the nickname "The Town That Time Forgot." The village's historic district, designated in 1969 as Michigan's first and listed on the National Register of Historic Places, showcases original structures like the Broughton Wagon Shop and the Van Every Mill. As of the 2020 census, Franklin had a population of 3,139, characterized by spacious estate-style homes and verdant, tree-lined streets. Franklin's charm is further enhanced by its array of local attractions. The Franklin Cider Mill, established in 1837, is a beloved seasonal destination offering fresh apple cider and donuts. The Franklin Historical Museum provides insights into the village's rich past, while the Franklin Village School, a historic one-room schoolhouse built in 1874, stands as a testament to the community's educational heritage. For outdoor enthusiasts, Franklin Community Park offers recreational facilities including playgrounds, tennis and basketball courts, and picnic areas. These features collectively contribute to Franklin's unique blend of historical preservation and community spirit.