35000 W Warren Rd
Westland, MI 48185

Kohl’s

Offering Summary
Price $18,176,800 Cap Rate 6.25%
NOI $1,136,050 Rentable SF 90,860 SF
Lot Size 8.34 +/- Acres Year Built 1987 / 2013
Lease Type Absolute NNN Ground Lease Lease Term 13 Years

Investment Highlights

  • Zero Landlord Responsibilities (Absolute NNN Ground Lease)
  • 13-Years Remaining on Base Term of Lease with Structured Rent
    Increases Every 5-Years (Historical Occupancy Since 1989)
  • Second Busiest Kohl’s in the State of Michigan (PlacerAI)
  • Assumable Financing Available w/ 5.10% Interest Rate
  • Traffic Counts Exceed 62,000 Vehicles Per Day
  • Corporately Guaranteed Lease by Kohl’s (NYSE: KSS)
  • Dense Retail Trade Area w/ 282,000 Residents in 5-Miles

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Kohl's - Westland, MI
Kohl's - Westland, MI
Kohl's - Westland, MI

For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
[email protected]

Greg LaBarre
Vice President
(619) 997-1242
[email protected]