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1014 Michigan St NE
Grand Rapids, MI 49503 Midtown Grand Rapids

$2,223,262 USD

Fast Food For Sale  •  2,690 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,690 SF
  • Lot Size 0.65 AC
  • Building Class C
  • Year Built 1991
  • Tenancy Single
  • Zoning TN-TBA
40 Transit Score
70 Walk Score

Highlights

20-year triple net (NNN) lease providing passive, management-free income
Leased to Taco Bell, a nationally recognized quick-service restaurant brand
Strong annual NOI of $144,512 ensuring reliable cash flow
Freestanding 2,690 SF building on a 0.65-acre lot
Located along Michigan St NE in a dense retail and commercial corridor
Tenant responsible for taxes, insurance, and maintenance

Property Flyers

Amenities

  • Pylon Sign
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.8 mi
AirportDriveWalkDistance
Gerald R Ford International 21 min - 13.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Robert Bender 248-254-3406 Fortis Net Lease
Robert Bender 248-254-3406 Fortis Net Lease