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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
Fast Food
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

PROPERTY TAXES

Parcel Number
70-16-32-358-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$822,700
  • Listing ID: 21703207

  • Date on Market: 12/9/2020

  • Last Updated:

  • Address: 735 Michigan Ave, Holland, MI 49423

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