4065 17 Mile Rd NE - Fast Food FOR SALE


Cedar Springs, MI 49319
$2,631,783 USD
332-345-4222
4065 17 Mile Rd NE, Cedar Springs, MI for Sale
$2,631,783 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

4065 17 Mile Rd NE
Cedar Springs, MI 49319


HIGHLIGHTS

  • Longstanding Operational History and Strong Performance
  • High Traffic Counts and Excellent Visibility
  • Affluent and Growing Suburban Trade Area

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Burger King located at 4065 17 Mile Rd NE, Cedar Springs, MI 49319. The site consists of roughly 2,860 rentable square feet of building space on an estimated 1.63-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 8/30/2024. The current annual rent is $157,907 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$2,631,783 USD

PRICE/SF

$920 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,002 SF

ZONING

H-C

APN/PARCEL ID

41-02-25-300-025

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.