Fortis Net Lease is proud to present a Two-Tenant retail investment opportunity on
Felch St just off US-31 Highway in Holland, MI The tenants, Hobby Lobby and Furniture
Warehouse, have been in operation at this location for over ten (10) years. Furniture
Warehouse signed a new ten (10) year lease in January 2017 with two (5) year options,
while Hobby Lobby signed a ten (10) year lease in 2004 with three (5) year options.
Hobby Lobby just exercised their second option period which expires on 8/31/2024. The
tenant leases are double net in nature requiring minimal landlord responsibilities.
The subject property is located along the area’s major retail corridor and is surrounded
by many national tenants including: Kohl’s, Burlington, Dunhams, JC Penny, Bed Bath &
Beyond, Dick’s, Walmart, Sam’s Club, Art Van Furniture, Discount Tire, Lowe’s, Aldi, Pet
Supplies Plus, Best Buy, Michael’s, Meijer and many more.