Point Blank Range & Gun Shop
Single-Tenant Offerings
Point Blank Range & Gun Shop
48900 West 12 Mile Road
Wixom (Detroit MSA), MI
- Price:
- $4,069,000
- Cap Rate:
- 7.00%
- NOI:
- $284,860
- Rentable SQFT:
- 15,274 SF
- Year Built:
- 2020
- Lot Size:
- 1.83 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Corporate Guaranty with 26+ Locations, Industry Leader in Firearm Sales, Training, and Education
- Gross Revenue Projected to More Than Double YOY, Firearm and Ammo Sales at an All-Time High
- 300% YOY Increase in Background Checks for Firearms Purchases
- Firearms Retailers Classified Nationally as an Essential Business
- Brand New High-Quality Block/Brick Construction
- Serving Over 122,000 Residents in Growing and Affluent Trade Area
- Average Household Income Exceeds $121,000 within a 1 and 3-Mile Radius
- Highly Visible to 24,600 Cars/Day Along Major Commercial Corridor
- Easy Access to I-96 with 144,300 Cars/Day, the Region’s Primary East-West Highway
- Across from Target and Sam’s Club, Nearby Retailers Include Meijer, Menards, Home Depot, Kroger, Aldi, and Many More
- 3 Miles to Twelve Oaks Super Regional Mall with 10+ Million Shoppers/Year, Anchored by Nordstrom, Apple, Lululemon, H&M, Pottery Barn, Williams Sonoma, Michael Kors, and More
- Strong Daytime Population, Over 66,700 Employees within 5 Miles
- Down the Street from $300+ Million Providence Hospital Campus on 64-Acres with 1,200 Employees
- 1.5 Miles to Suburban Collection Showplace with 2 Million Visitors/Year, the Largest Privately-Owned Expo/Conference Center in Michigan
- Close Proximity to Several K-12 Schools with Over 9,700 Students
Registration/Client Login
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.