FrontView REIT, Inc. acquired a newly constructed, single-tenant net-leased property occupied by Range USA in Southgate, Michigan, as announced on April 16, 2025. The property, located at 12780 Reeck Road, features a 14,933-square-foot building on a 2.2-acre parcel. It is subject to a long-term absolute net lease.
This acquisition aligns with FrontView's investment approach, focusing on properties in prominent locations with direct frontage on high-traffic roads. The site benefits from strong visibility and accessibility, strategically positioned just off Interstate 75. Range USA, the tenant, is the nation's largest operator of indoor shooting ranges.
The addition of this Range USA property diversifies FrontView's tenant base and portfolio. The significant investment required for shooting range build-outs highlights the tenant's commitment to the site. This transaction exemplifies the demand for well-located, high-quality net lease assets in key markets.
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