USA 2 GO

390 W. Main Street , Stockbridge, MI 49285

  • For Sale $3,695,000
  • Property Type Retail - Freestanding
  • Property Size 4,560 SF
  • Lot Size 1.52 Acre
  • Property Tenancy Single Tenant
  • Year Built 1993
  • Date Updated Apr 25, 2024
Stockbridge, MI is a charming small town located on the banks of the Huron River in Southern Michigan. It has a cozy feel with lots of locally owned businesses and friendly people. Residents can enjoy outdoor activities like biking and fishing, or hang out at one of the area's many parks. With its scenic views and quiet atmosphere, Stockbridge is an ideal place to live for those looking for a peaceful atmosphere. The local school district is highly rated, providing excellent educational opportunities for children living in the area. With its strong sense of community and stunning natural beauty, Stockbridge is an ideal town to call home! Capital city/College town - Central Michigan along I-96 halfway between Detroit and Grand Rapids. Stockbridge was the first township to be organized in Ingham County. Mr. David Rogers was the first to build in Stockbridge. In the fall of 1833, the family decided to come to Michigan, and in 1834 located in Stockbridge. While coming from the East, they stopped in Washtenaw County and built a portable house. The following spring, it was loaded on a wagon and brought here. The ground was cleared and buildings erected and they became the first settlers in Stockbridge. Others soon followed. Mr. Rogers opened a store and sold goods to the early settlers, and also traded with Indians. At that time there were many deer, wolves, bears and other wild animals. There is record of Chief Johnny Okemus and his band of braves in Meridian Township, and the Patawamie and Ottawa Tribes were numerous in this locality at that time. The Township was organized in November 26, 1936 and the Village platted soon after. The Town Hall was built on the square in 1892 and was completely renovated in 1979. It is the only original opera house still standing, located within an incorporated village in Michigan. The Town Square was given and deeded to the Township by Mr. Silas Beebe who lived in New York, but whose son, L.V. Beebe, was acting for him. The Town Hall houses the Ambulance headquarters and is frequently used for clinics, senior citizens outings, Lions Club meetings, bazaars, movies, concerts, plays, elections, township meetings and other miscellaneous activities.

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Highlights

  • LONG TERM LEASE - 19+ years remaining on the initial term of the lease, giving a new owner peace of mind with a long term, promising investment.
  • BONUS DEPRECIATION - Fee simple ownership of a Gas Station provides the landlord the opportunity to use accelerated Bonus depreciation model (see Page 7). Consulting your Accountant or Tax Attorney is advised.
  • ABSOLUTE NNN LEASE - Zero Landlord Responsibilities. Ideal for Investors not Local to the Market or looking for a "hands off" investment.
  • RENTAL INCREASES - 10% rent increases every 5 years, followed by Six, 5-year options, also featuring rent increases to help hedge against inflation.
  • HIGH TRAFFIC COUNTS - Excellent visibility taking advantage of surrounding major national and local retailers and average annual daily traffic counts of over 7,664 vehicles per day from S Clinton St and 6,200 from Stockbridge Rd.
  • GREAT LOCATION - Located outside of Lansing, the capital and the sixth largest city in Michigan with a 2020 population of 112,644 and Ann Arbor, the fifth largest city with a 2020 population of 123,581.
  • FUTURE RENOVATIONS - Tenant has plans to invest approximately $700,000 into the location to modernize the store, showing its strong commitment to this location.

Contacts

broker

Michael Matusik

Prime Net Lease

(714) 874-4004

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Stockbridge, MI
  • Neighborhood Stockbridge
  • Zip Code 49285
  • Market Detroit

Points of Interest

  • Shell

    0.02 miles

  • Sunoco

    0.26 miles

  • Marathon

    0.32 miles

  • BP

    0.95 miles

  • Sunoco

    5.10 miles

  • Marathon

    5.30 miles

  • Mobil

    8.80 miles

  • Swan Fuel Service Inc

    9.10 miles

  • Citgo

    9.43 miles

  • Marathon

    9.83 miles

  • Veterans Memorial Park Parking

    0.06 miles

  • Veterans Memorial Parking Outerlot

    0.09 miles

  • Emma Smith School Parking

    0.19 miles

  • Heritage School Parking

    0.26 miles

  • M-52 Carpool Lot

    0.55 miles

  • Park Lyndon North

    7.97 miles

  • Park Lyndon South

    8.07 miles

  • McClure Road Parking Lot

    9.23 miles

  • Lakelands Trail State Park Trail Head

    9.35 miles

  • Cabin Guest Parking

    9.60 miles

  • Double Deuce Dinner

    0.21 miles

  • Hungry Howie's

    0.24 miles

  • Subway

    0.27 miles

  • Manna

    0.55 miles

  • The Tin Roof

    0.75 miles

  • McDonald's

    0.98 miles

  • County Pub

    5.06 miles

  • Gregory Market

    5.10 miles

Frequently Asked Questions

What is the lease rate for USA 2 GO?

Rental asking rate at USA 2 GO is $1,847,500.00/YR.

What is the total square footage of USA 2 GO?

USA 2 GO totals 4,560 square feet.

When was this property built?

USA 2 GO was built in 1993.

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Contact Listing Broker

broker

Michael Matusik

Prime Net Lease

(714) 874-4004