Doug Passon
Specializing in the disposition/acquisition of investment real estate nationwide
Doug serves as Managing Partner and co-founder of Fortis Net Lease. His passion for the commercial real sector starting in college while attending the University of Michigan and upon graduation, Doug started his career at a nationally-recognized, publically traded real estate investment firm. When first starting out, he solely focused on building local relationships with merchant developers and quickly became one of the top agents in the firm’s Detroit office. After building long-standing relationships, Doug turned to the national net lease market as his sole focus. He specializes in the sale of shopping centers, single tenant retail, office, industrial and medical assets throughout the United States. Since the inception of Doug’s career in the real estate investment sector, he has participated in billions of dollars of transactions in nearly every state.
- SpecialtiesInvestment Sales Broker, Tenant Rep
- MarketsChicago, Columbus, Dallas/Ft Worth, Denver, Detroit, Houston, Indianapolis, Sacramento, San Diego, Tampa/St Petersburg, Westchester/So Connecticut, Memphis, West Michigan, Minneapolis/St Paul, Toledo, Birmingham, Ocala, Tallahassee, Wilmington
- Property TypesIndustrial, Land, Office, Retail, Flex, Healthcare
- AwardsCoStar Power Broker
- Websites
- Company WebsiteVisit Site
- EducationUniversity of Michigan - Ann Arbor - Bachelor of Arts - Economics
- OrganizationsInternational Council of Shopping Centers (ICSC)
$23,535,000 USD
Retail - For Sale61,713 SF | 7% Cap Rate
$1,536,585 USD
Convenience Store - For Sale10,500 SF | 8.2% Cap Rate
$1,745,450 USD
Freestanding - For Sale2,584 SF | 5.5% Cap Rate
$10,038,000 USD
Industrial - For Sale280,040 SF | Request Cap Rate
$1,045,575 USD
Freestanding - For Sale9,184 SF | 8% Cap Rate
$544,500 USD
Freestanding - For Sale9,014 SF | 8% Cap Rate
$3,187,552 USD
Retail - For Sale28,054 SF | 7.75% Cap Rate
$2,806,300 USD
Distribution - For Sale27,000 SF | 9.5% Cap Rate
$1,114,735 USD
Convenience Store - For Sale9,413 SF | 7.75% Cap Rate
$1,126,640 USD
Convenience Store - For Sale9,244 SF | 7.5% Cap Rate
$1,121,307 USD
Convenience Store - For Sale9,090 SF | 7.5% Cap Rate
$1,539,333 USD
Convenience Store - For Sale10,806 SF | 7.35% Cap Rate
$1,156,210 USD
Convenience Store - For Sale9,219 SF | 8.1% Cap Rate
$1,349,025 USD
Convenience Store - For Sale9,191 SF | 8.1% Cap Rate
$1,224,925 USD
Convenience Store - For Sale9,226 SF | 7.35% Cap Rate
$1,238,993 USD
Convenience Store - For Sale9,139 SF | 7.35% Cap Rate