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2440 Ontario Dr
Saint Johns, MI 48879

NNN Leased Applebee's-St Johns, MI · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease
  • 5 Years of Term
  • In Front of Walmart Supercenter along Main Entrance
  • Large 60+ Unit Franchisee
  • Offered at 7.0% Cap Rate
  • On Business Hwy 127 Near Hwy 127 Interchange

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,720 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.25 AC
Zoning
C-2
Parking
89 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
239 FT on Ontario Dr

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-022-200-082-00
Land Assessment
$162,600
Improvements Assessment
$317,100
Total Assessment
$479,700
  • Listing ID: 29207383

  • Date on Market: 8/7/2023

  • Last Updated:

  • Address: 2440 Ontario Dr, Saint Johns, MI 48879

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