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Max Lippitt

Landmark
Investment Sales
Senior Director
  • 8Active Listings
  • $24,124,379Active Volume
  • 0Under Contract
  • $0Volume
  • 5Closed Transactions
  • $14,865,555Sold Volume

Maxwell Lippitt graduated from Michigan State University in 2016 with a Bachelor of Science degree in Economics. During College, Max was an intern in Landmark’s Investment Sales department. Upon graduating, Max became an associate broker at CBRE specializing in the disposition of single tenant medical, retail, and office properties. While at CBRE, Max researched, sourced, and tracked thousands of investment properties while building strong relationships with a wide variety of property owners all across the country. Since joining Landmark in 2018, Max has closed on over $500,000,000 worth of investment deals across the country while also assisting in all aspects of his client’s 1031 exchanges. In 2022, Max was promoted to Director where he continues to specialize in the representation of both buyers and sellers in retail, medical, industrial assets across the country.

Licensed in: MI
30500 Northwestern Hwy, Ste 200 Farmington Hills, MI 48334

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8791 KY-1, Grayson, KY , 41143
  • Size SF9,190
  • Built/Renov2019
  • Price/SF$144
  • Lease Start09-01-2019
  • Rent/SF$10.79
  • Lease Type Double NN
  • Lot/AC0.93
  • Pop 5MI3,117

1,321,920

  • Cap Rate 7.50%
  • NOI $99,144
  • R. Term/Yrs 3.9
  • Guarantor Corp R + T
  • # Units 8,359
  • Build to suit

  • Strategically located

  • Highway location

  • Major MSA

  • Limited competition

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Family Dollar
  • Guarantor Corp T and Rated
  • #Units 8,359
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
7848 Mall Road, Florence, KY , 41042
  • Size SF7,200
  • Built/Renov2005
  • Price/SF$265
  • Lease Start12-13-2005
  • Rent/SF$17.24
  • Lease Type Abs NNN
  • Pop 5MI143,444

1,909,492

  • Cap Rate 6.50%
  • NOI $124,117
  • R. Term/Yrs 0.0
  • Guarantor Corp Traded
  • # Units 61
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Smokey Bones
  • Guarantor Corp Traded
  • #Units 61
  • Stock NASDAQ: FAT
600 Brown Road, Auburn Hills, MI , 48326
  • Size SF44,015
  • Built/Renov2000
  • Price/SF$171
  • Lease Start02-01-2009
  • Rent/SF$12.00
  • Lease Type Double NN
  • Lot/AC8.81
  • Pop 5MI133,210

7,545,428

  • Cap Rate 7.00%
  • NOI $528,180
  • R. Term/Yrs 0.1
  • Guarantor Corp R + T
  • # Units 833
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Traded and rated company

  • Corporate Guarantee

  • Over 500 units backed

  • ...
  • Tenant JOANN
  • Guarantor Corp T and Rated
  • #Units 833
  • Moody's/S&P Caa2/ CCC+
  • Stock NASDAQ: JOAN
1780 Clinton Road, Jackson, MI , 49202
  • Size SF2,559
  • Built/Renov1991
  • Price/SF$912
  • Lease Start11-01-1991
  • Rent/SF$54.71
  • Lease Type Abs NNN
  • Lot/AC0.51
  • Pop 5MI75,905

2,333,333

  • Cap Rate 6.00%
  • NOI $140,000
  • R. Term/Yrs 10.11
  • Guarantor Franchisee
  • # Units 64
  • In location for years

  • Shopping Ctr out-parcel

  • Highway location

  • Strong tenant synergy

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • 50+ unit franchisee backed

  • ...
  • Tenant Shell (GL)
  • Guarantor Franchisee
  • #Units 64
  • Moody's/S&P Aa2/ A
  • Stock NYSE: SHEL
1541 River Valley Cir N, Lancaster, OH , 43130
  • Size SF23,484
  • Built/Renov1998
  • Price/SF$150
  • Lease Start09-01-1998
  • Rent/SF$10.50
  • Lease Type Double NN
  • Lot/AC3.24
  • Pop 5MI52,278

3,522,600

  • Cap Rate 7.00%
  • NOI $246,582
  • R. Term/Yrs 2.8
  • Guarantor Corp Traded
  • # Units 916
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Strong tenant synergy

  • Top 100 MSA

  • Long operation history

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant OfficeMax
  • Guarantor Corp Traded
  • #Units 916
  • Stock NASDAQ: ODP
11378 OK-3, Lane, OK , 74555
  • Size SF9,026
  • Built/Renov2017
  • Price/SF$159
  • Lease Start05-17-2017
  • Rent/SF$8.44
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI18,714

1,438,189

  • Cap Rate 5.30%
  • NOI $76,224
  • R. Term/Yrs 6.5
  • Guarantor Corp R + T
  • # Units 19,986
  • Build to suit

  • Strategically located

  • Store sales reported

  • Absolute NNN

  • Limited competition

  • Top performing store

  • Traded and rated company

  • Over 2000 units backed

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
3450 West South Airport Road, Traverse City, MI , 49684
  • Size SF9,000
  • Built/Renov2020
  • Price/SF$257
  • Lease Start12-01-2023
  • Rent/SF$18.00
  • Lease Type Double NN
  • Pop 5MI49,723

2,314,286

  • Cap Rate 7.00%
  • NOI $162,000
  • R. Term/Yrs 7.12
  • Guarantor Corp Traded
  • # Units 1,694
  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Long 10+ yr lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Five Below
  • Guarantor Corp Traded
  • #Units 1,694
  • Stock NASDAQ: FIVE
86 West 14 Mile Road, Troy, MI , 48083
  • Size SF8,329
  • Built/Renov2022
  • Price/SF$449
  • Lease Start09-01-2022
  • Rent/SF$25.81
  • Lease Type Abs NNN
  • Lot/AC1.67
  • Pop 5MI298,178

3,739,131

  • Cap Rate 5.75%
  • NOI $215,000
  • R. Term/Yrs 6.8
  • Guarantor Corp R + T
  • # Units 563
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Freeway close

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant LongHorn Steakhouse
  • Guarantor Corp T and Rated
  • #Units 563
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DRI

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