Highland, MI - Rock Bottom Stone Supply

Description:

• The tenant has over 4 years of firm term remaining with 2 (5-year) options to extend
• The lease features 2% annual rental increases throughout the initial term and option periods, providing a hedge against inflation for a future investor
• The lease is signed by Heritage Landscape Supply which operates 220+ branches across 36 states and is a wholly owned subsidiary of SRS Distribution
• In 2024, SRS Distribution was acquired by The Home Depot for approximately$18.25 billion (see page 27 for more details).

• The asset is located along South Milford Road, an arterial thoroughfare that supports more than 16,700 vehicles per day
• The asset benefits from excellent visibility via a large monument sign located along South Milford Road

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Listing ID: a28TP000001nM3dYAE