The Starbucks located at 4370 Lake Michigan Drive in Walker, Michigan represents a high-quality single-tenant investment. The 2022-built location features Starbucks’ latest prototype and is leased to a national, investment-grade tenant with a corporate guarantee. The store ranks in the 84th percentile nationwide for performance based on Placer.ai data, reflecting strong and consistent customer traffic. The lease is structured at below-market rent, offering embedded rent growth potential. Positioned as a Meijer outparcel along Lake Michigan Avenue, the property benefits from excellent visibility, traffic counts exceeding 45,000 vehicles per day, strong co-tenancy, and durable long-term cash flow characteristics.
Matt Fitzgerald
Matthews Real Estate Investment Services, Inc
License # 6505432273, 6502432668 (MI)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550