924 Marshall St - Service Station FOR SALE
Allegan, MI 49010 |
924 Marshall St
Allegan, MI 49010
HIGHLIGHTS
- Absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left
- Lease features a corporate guaranty from GPM Investments, LLC
- Offers 2% annual bumps and 4 x 5 year options
- GPM Investments, LLC operates or supplies sites in 33 states
- Strategically located off of Marshall Street, a main corridor into the town center that sees over 13,000 VPD
- Limited competition in the area
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
GPM Investments - 3,200 Unit Operator
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Auto Dealership, Auto Repair, Convenience Store
TOTAL BUILDING SIZE
1053
STORIES
1
YEAR BUILT
1965
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
51-350-044-00
