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100% Occupied Kohl's Anchored Center 14500 Racho Rd 141,288 SF 100% Leased Retail Building Taylor, MI 48180 $15,500,000 ($109.70/SF) 9.33% Cap Rate
Investment Highlights
- 100% Leased | Top-Performing Anchor Tenants | Strong Sales
- Heart of Taylor’s Commercial District | Prime Location |Across From Southland Center Mall (905,000+ SF) |Quick Access to I-75 (95,100 VPD)
- Attractive Assumable Financing
Executive Summary
• The offering features a fully leased, four-tenant retail center anchored
by Kohl’s, which contributes approximately 55% of the property’s gross revenue.
• Kohl’s has operated at this location for over 30 years and recently exercised an option to extend its lease through 2034, with three additional five-year extension options remaining, demonstrating the tenant’s long-term commitment to the site.
• The subject Kohl’s is recognized as one of the top-performing stores in the region, with exceptional sales performance.
• Bob’s Discount Furniture, serving as a junior anchor, has also demonstrated strong operating results and consistent customer traffic.
by Kohl’s, which contributes approximately 55% of the property’s gross revenue.
• Kohl’s has operated at this location for over 30 years and recently exercised an option to extend its lease through 2034, with three additional five-year extension options remaining, demonstrating the tenant’s long-term commitment to the site.
• The subject Kohl’s is recognized as one of the top-performing stores in the region, with exceptional sales performance.
• Bob’s Discount Furniture, serving as a junior anchor, has also demonstrated strong operating results and consistent customer traffic.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
141,288 SF
Building Class
B
Year Built/Renovated
1991/2019
Price
$15,500,000
Price Per SF
$109.70
Cap Rate
9.33%
NOI
$1,446,489
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
13.00 AC
Opportunity Zone
Yes
Zoning
B-2 - Regional Business District
Parking
513 Spaces (3.63 Spaces per 1,000 SF Leased)
Frontage
780’ on Racho Rd
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bob's Discount Furniture
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Kohl’s is a leading omnichannel retailer dedicated to delivering great products, exceptional value, and a seamless shopping experience. With over 60 years of service to families of all shapes and sizes, Kohl’s is driven by its purpose: to take care of families’ realest moments. Built on a foundation of strong values, Kohl’s associates embody the company’s CARE principles—Customer First, Accountable, Resourceful, and Empathetic—which guide their actions every day. Uniquely positioned to meet the evolving needs of its customers, Kohl’s remains committed to making a meaningful impact in the lives of the families it serves.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bob's Discount Furniture | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 60-072-99-0001-708 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,136,600 |
Property Taxes
Parcel Number
60-072-99-0001-708
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,136,600
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