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12780 Reeck Rd

14,933 SF Retail Building Southgate, MI 48195 £3,680,685 (£246/SF) 7.65% Net Initial Yield

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Investment Highlights

20 year absolute NNN lease
Corporate guarantee with over 49 locations in 13 states
Three (3) five (5) year options to extend

Rent commencement 1/23/23
5% rent increases every 5 years
Tenant responsible for roof and structure

Executive Summary

Rare opportunity to own a 20 year true NNN leased asset with a corporate guarantee.
Largest operator of indoor shooting ranges in the world
Largest firearms educator in the world teaching 75,000
people each year
Newly constructed block/brick building (2023)
Located just off the I-75 and Northline Rd interchange
83,335 vehicles/day on I-75
Over 244,000 residents within 5 miles
Located along a major retail corridor with many large
national tenants

Range USA Brochure