6005-6011 S Westnedge Ave - Restaurant FOR SALE


Portage, MI 49002
$3,750,000 USD
248-226-1610
6005-6011 S Westnedge Ave, Portage, MI for Sale
$3,750,000 USD
Restaurant - FOR SALE
1/2
null | 4.74% Cap Rate

6005-6011 S Westnedge Ave
Portage, MI 49002


OVERVIEW

A ground lease prime Net-Leased QSR investment opportunity in Portage, MI. Prime Location Opening Fall 2025 New 15-Yr Ground Lease 7.5% Rent Increases every 5 Years S&P BB- Signalized Intersection | E. Milham & S. Westnedge Avenue

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$1,108 USD /SF

CAP RATE

4.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Raising Cane's Chicken Fingers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

CROSS STREETS

E Milham Rd

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

B-3

APN/PARCEL ID

10-02740-008-A

ASK ABOUT THIS PROPERTY

Simon JonnaJonna GroupMore Info
248-226-1610

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Simon JonnaJonna GroupMore Info
248-226-1610

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