Big Lots

• Price below replacement cost at $47 PSF
• Extremely attractive 9% cap rate in today’s competitive environment
• Converted to a Big Lots in 2021 (former Toys-R-Us)
• Traffic counts on Eureka Road in excess of 25,083 vehicles daily
• 5-Mile population in excess of 206,114 residents
• Strong average household income of $86,522
• Subject property is less than 12-miles from Detroit
• Nearby national tenants include Walmart Supercenter, Sam’s Club, Aldi, Lowe’s, Harbor Freight, Meijer, Panda Express, Best Buy, Chick Fil A, and many more
• Big Lots operates over 219 stores across 15 states
• Big Lots is owned by Variety Wholesalers, whose retail portfolio spans more than 400 stores across 18 states and includes Roses Discount Stores, Roses Express, and Maxway
• Variety Wholesalers is an experienced discount retail operator dating back nearly 100 years