7375 Highland Rd
White Lake, MI 48383

Stan Johnson Company is pleased to exclusively offer the opportunity to purchase a Kohl' s Ground Lease located in White Lake, Michigan ( the Property ), an affluent suburb of Detroit. The Property features a low rent of only $5.57/SF on a large 9.07-acre lot leased to Kohl's Corporation with over 11 years remaining. The lease is absolute NNN with no Landlord responsibilities whatsoever. This 100% passive investment offers a long-term lease with an investment grade tenant. The low rent structure gives Kohl' s excellent profitability advantages, increases the likelihood of future lease renewals, and offers investors the potential to realize significant upside in the future. White Lake is a charter township in Oakland County, Michigan. The population of White Lake was 30,019 as of the 2010 census. It is a suburb of Detroit located approximately 30 miles northwest of the city, and is one of Detroit' s most affluent suburbs with an average household income of $87,919. White Lake is known as Metro Detroit' s Four Season Playground." Alpine Valley Ski Resort borders the Property to the west and is southern Michigan' s largest premier ski lodge. The resort' s snowmaking capacity was recently expanded and now covers 100% of the mountain. Alpine Valley attracts up to 100,000 visitors each year from a 240-mile radius.