SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, D&W Fresh Market single tenant grocery investment property located in Kalamazoo, Michigan. The tenant operates under a long-term lease originally commencing November 9, 1998, with the current term extending through December 31, 2031, and three (3) five-year renewal options. The lease features a 10% rental increase effective January 1, 2027, followed by 10% increases at the beginning of each renewal option, providing investors with consistent NOI growth and a hedge against inflation. In addition to base rent,
the lease requires the tenant to pay a 5% management fee to the landlord, resulting in total annual income of approximately $505,272 beginning in 2027. The lease structure is NNN, with the tenant responsible for property taxes, insurance reimbursements, maintenance, and operational expenses, creating a passive NNN investment opportunity with limited landlord responsibilities.