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For Sale

Little Caesars

172 N River Ave,
Holland, MI 49424

Asset Snapshot

$70,000
NOI
1968
Year Built
1
Floor Count
1
Building Count

Offering Summary

Investment Overview

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Investment Highlights

  • Absolute NNN Sale Structure - Zero Landlord Responsibilities, Tenant is Responsible for all Taxes, Insurance, CAM, Roof, and Structure
  • Long-Term 15-Year Lease - With an Additional Four (4) 5-year Renewal Options Provided
  • Rental Increases - 10% Increases Every 5 Years in the Initial Term and in the Option Periods
  • Attractive 3.5% Rent to Sales Ratio - Favorable rent coverage demonstrates strong unit-level performance
  • Drive-Thru Equipped Location – Enhancing customer convenience and increasing sales volume
  • Located in a High Traffic Area - 33,000+ Vehicles Pass the Site Every Day
  • Dense Demographics - Strong Household Density and Residential Base with 98,000+ People Living Within 5 Miles of the Property
  • Affluent Demographics - Average Household Income of $104,000+ Within 5 Miles of the Property

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Listing Syndicated From

Buildout
For Sale
$1,077,000
Asking Price