Range USA
Single-Tenant Offerings
Range USA
12780 Reeck Rd.
Southgate (Detroit MSA), MI
- Price:
- $5,211,600
- Cap Rate:
- 6.85%
- NOI:
- $357,000
- Rentable SQFT:
- 15,000 SF
- Year Built:
- 2023
- Lot Size:
- 2.2 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 20-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years
- Strong Corporate Guaranty, 45+ Locations in 12 States and Expanding
- World’s Largest Indoor Gun Range Operator and Industry Leader in Firearm Sales, Training, and Education
- 2022 Gun Sales Were 3rd Highest Since Records Began, 20% Higher than 2019
- Firearm Retailers Classified Nationally as an Essential Business
- Brand New High-Quality Brick/Block Construction
- Serving Over 247,000 Residents in Established Trade Area
- Just Off I-75 with 90,500 Cars/Day, One of the Busiest Highways in the State with Direct Access to Detroit
- Strategic Location, Competition Void in the Immediate Trade Area
- Regional Retail Corridor, Close Proximity to Walmart, Sam’s Club, Home Depot, Meijer, Menards, and Many More Big Box Retailers
- Strong Daytime Population, Over 75,000 Employees in the Trade Area
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