PLACER.AI -   #178/1,964 - UNITED STATES   #1/70 - MICHIGAN   #1/16 - 15 MILES

• Best in Class Investment Grade Credit Tenant (S&P: A)
  
  • The Home Depot is the largest home improvement retailer in the world with about 500,000 employees and over 2,300 stores located in U.S., Canada, and Mexico. For the fiscal year of 2022, The Home Depot boasted sales of over 157 billion dollars and earnings of over 17 billion dollars.
• Top Performing Store Per PLACER.AI
  
  • This store ranks as the number one store in the state of Michigan, and top 7% nationwide of all the store metrics currently tracked by Placer AI. Contact
    Broker for more details.
• Excellent Retail Synergy
  
  • Fairlane North shopping center demonstrates excellent retail synergy through the site’s strong shadow anchored tenants. These retailers include Walmart, Value City Furniture, Forman Mills, Office Max, and Crunch Fitness.
• Strong Traffic Counts and Visibility
  
  • The site sits within an extremely dense residential corridor on the northwestern side of Dearborn, MI and possesses strong traffic counts along Southfield Freeway (63,000 Vehicles Per Day) and Ford Road (47,000 Vehicles Per Day).
• Surrounding Demographics
  
  • Dearborn, MI is home to the Ford Motor Company’s world headquarters and The University of Michigan-Dearborn (8,224 students) allowing the city to boast very dense middle-class demographics. In a five-mile radius of the site, the city of Dearborn contains a population of 341,996 people and an average household income of $57,881.
• Recent Lease Extension
  
  • In 2020 the tenant extended their lease an additional 8 years showing their commitment to the location, with 4.5 years of base term and eight 5-year
    options remaining.
    

BROKER OF RECORD
 
Matthew Fitzgerald

Lic No. 6505432273 (MI)