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JLL is pleased to offer for sale the fee simple interest in a new construction, three tenant net lease investment in Flint, MI. The asset is anchored by a United States (U.S.) Government backed Armed Forces Career Center who has operated in the market for over 20 years and is further complimented by two, high performing global franchises: Smoothie King and Jersey Mike’s. Constructed in 2019, the asset features nearly 6 years of weighted-average lease term remaining, providing investors an attractive annual yield with tremendously stable tenancy.
-US Government, Smoothie King, and Jersey Mike's provide stable tenancy
-US Government has operated in the market for over 20 years
-Brand new construction with zero deferred maintenance
-Drive-thru enabled location with hard corner location at signalized intersection
-Less than a quarter mile off I-69 within Michigan's second largest MSA