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McAlister's Deli 2288 N Park Dr

3,616 SF Retail Building Holland, MI 49424 $2,608,696 ($721/SF) 5.75% Cap Rate

Retail Space Michigan Holland 2288 N Park Dr, Holland, MI 49424

Investment Highlights

  • Long-Term, 15-Year Absolute Triple Net (NNN) Lease
  • Strong Franchisee Guarantee
  • Attractive Rent Increases | The lease will feature scheduled increases of 10.00% Every 5 Years.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a McAlister's Deli located at 2288 N Park Drive, Holland, MI 48103. The site consists of roughly 3,616 rentable square feet of building space on an estimated 1.01-acre parcel of land. This McAlister's Deli is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $150,000 and has scheduled increases of 10.00% Every 5 Years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,616 SF
Building Class
C
Year Built/Renovated
2009/2024
Price
$2,608,696
Price Per SF
$721
Cap Rate
5.75%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.01 AC
Zoning
C3 - commercial
Parking
36 Spaces (9.96 Spaces per 1,000 SF Leased)
Frontage
75 FT on Park Dr

Amenities

  • Pylon Sign
  • Signage
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2288 N Park Dr, Holland, MI - aerial map view
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Planet Fitness
PNC Bank
On the Border
WW
Brann's Steakhouse & Grille
Noodles & Company
Orangetheory Fitness
Parda Federal Credit Union
Snap Fitness 24/7
ALDI

PROPERTY TAXES

Parcel Number 70-16-21-100-047 Improvements Assessment $0
Land Assessment $0 Total Assessment $610,600

PROPERTY TAXES

Parcel Number
70-16-21-100-047
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$610,600
(332) 345-4222

Contacts

  • Listing ID: 33221714

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 2288 N Park Dr, Holland, MI 49424

More public record information on 2288 N Park Dr, Holland, MI 49424

The Retail Property at 2288 N Park Dr, Holland, MI 49424 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2288 N Park Dr - Holland, MI - Aerial

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McAlister's Deli | 2288 N Park Dr
(332) 345-4222 x

McAlister's Deli | 2288 N Park Dr

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Alexandre Marietto

(332) 345-4185

(332) 345-4185

James Westerberg

(516) 477-7026

(516) 477-7026

Howie Curd

(332) 345-4339

(332) 345-4339

John McHugh

(332) 345-4985

(332) 345-4985

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