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| Price $4,924,000 | Built/Renov 2023 | Tenant Range USA |
| Cap Rate 7.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
15,000
| Lease Start
01-23-2023
| #Units
45
|
| Price/SF $328.27 | Expiration
12-31-2042
| Tenant Type General Retail |
| NOI $357,000 | R. Term 18.1 | Ownership Fee Simple |
| Rent/SF
$23.80
| Increases 5.0%/5/yrs | Pop 5Mi 246,921 |
| Lot/AC 2.20 | Options 3/5yrs/5% | AHHI 5Mi $67,438 |
| | |
This Range USA is located just offI-75 (90,500 VPD), one of the busiest highways in the state, with direct access to Detroit. It is positioned on a regional retail corridor with close proximity to Walmart, Sam’s Club, Home Depot and more, creating a strong consumer draw to the area. There are over 247,000 residents and over 75,000 employees in the immediate trade area. The site benefits from...
...New construction
Near major nationals
Strategically located
Freeway visibility
Strong tenant synergy
Brand new lease
Long 15+ yr lease
Corporate Guarantee
Range USA, formerly known as Shoot Point Blank, is one of the nation’s leading indoor gun range and retail shops. Their mission is to develop responsible gun owners. They do this by offering...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 8,303 | 111,325 | 246,453 |
| 2023 Total Population : | 8,308 | 113,252 | 250,473 |
| 2023 Employed Civilian Pop : | 4,514 | 55,834 | 118,227 |
| 2023 Total Businesses : | 341 | 3,026 | 6,434 |
| 2023 Average Household Income : | $ 95,540 | $ 86,131 | $ 80,842 |
| 2023 Total Consumer Spending : | $ 341 M | $ 3623 M | $ 7388 M |
| 2023 Median Age : | 45 | 43 | 42 |
| 2023 Total Households : | 4,090 | 47,934 | 104,127 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,421 | 12,177 | 24,772 |
| 2023 Average Home Value : | $ 216,179 | $ 180,398 | $ 174,340 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| TO NORTHLINE RD | Northline Rd | 2021 | 6,192 | 0.03 mi |
| FROM NORTHLINE RD | Prechter Blvd | 2021 | 6,152 | 0.12 mi |
| Reeck Rd | Northline Rd | 2006 | 3,719 | 0.21 mi |
| Northline Rd | Reeck Rd | 2003 | 31,840 | 0.23 mi |
| I 75 | Allen Rd | 2021 | 78,338 | 0.26 mi |
| Prechter Blvd | Heritage Pl | 2006 | 3,719 | 0.27 mi |
| BETWEEN ALLEN AND NORTHLINE (IN SOUTHGATE) | Allen Rd | 2021 | 3,260 | 0.29 mi |
| BETWEEN ALLEN AND NORTHLINE (IN SOUTHGATE) | Prechter Blvd | 2021 | 4,404 | 0.30 mi |
| PRECHTER BLVD | 2020 | 3,519 | 0.30 mi | |
| Allen Rd | Empire St | 2014 | 28,126 | 0.34 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
