United States Postal Service

Investment Overview

Fortis Net Lease is pleased to present a prime investment opportunity located at 32406 Franklin Rd, Franklin, MI, 48025. This 1,827 SF building, constructed in 1978, has been occupied by the US Post Office since construction. The tenant has NO identifiable sites to which they can ever relocate due to the historical designation of Franklin Road. The common area maintenance (lawn and snow) is managed and paid directly by USPO. The landlord pays for capital replacements and repairs to the premises as well as the property insurance and real estate taxes (which are then 100% reimbursed by tenant). There are 10% rent bumps in remaining five year options to renew the term. Investing in commercial property on Franklin Road in the Village of Franklin, MI, presents a unique opportunity due to the area's blend of historic charm and strategic location. Franklin is known for its well-preserved 19th-century architecture and a strong sense of community, attracting both residents and visitors seeking a quaint village atmosphere. Franklin Road serves as a central thoroughfare, providing excellent visibility and accessibility for businesses. The limited availability of commercial spaces in this predominantly residential area can lead to higher demand and potential appreciation in property value.

Investment Highlights

• 1,827 SF building
• 621 units
• Built in 1978
• Zoned C-1
• Located in the Franklin area
• 100% occupancy