735 Michigan Ave | Holland, MI 49423
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- LoopNet Team
735 Michigan Ave
Holland, MI 49423
Burger King - 20YR NNN - Downtown Adjacent · Retail Property For Sale
Investment Highlights
- Brand New 20 Year Absolute NNN Lease w/ 1% Annual Increases Including Options
- Prime, High-Density, Downtown Adjacent Neighborhood
- One of Burger King’s Fastest Growing Franchisee Groups Operating in Michigan
- Current Concept Includes Lockdown Resistant Double Drive Thru
- Full Remodel to New Prototype in 2024
- Successful Store with Strong Operating History and Healthy Rent-to-Sales Ratio
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,790 SF
Building Class
C
Year Built/Renovated
1994/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
1.74 AC
Zoning
NA
Parking
56 Spaces (9.67 Spaces per 1,000 SF Leased)
Frontage
238 ft on Michigan Avenue
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 70-16-32-358-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,157,045 |
PROPERTY TAXES
Parcel Number
70-16-32-358-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,157,045
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