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4301 W Centre Ave
Portage, MI 49024

$1,999,000 USD

Fast Food For Sale  •  3,378 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,083 SF
  • Lot Size 1.49 AC
  • Building Class B
  • Year Built 2003
  • Cap Rate 6.29 %
  • Tenancy Single
  • Zoning PD
0 Transit Score
34 Walk Score

Highlights

Long-Term Absolute NNN Lease
There are over ±7.5 years remaining on an absolute triple-net lease with zero landlord responsibilities, providing a truly passive investment with a 5
Prime Location & Visibility
Situated just off the off-ramp/on-ramp of US-131 and on Centre Ave, providing convenient access for customers traveling. The site has fantastic traffi
Lease guaranteed by Meritage Hospitality Group Inc., one of the largest Wendy’s franchisees in the U.S., operating 385+ units across 16 states and gen
The ±3,082 SF freestanding building with drive-thru is situated on a large parcel of ±1.63 acres, featuring 2 curb cuts for great access and recently
Cap Rate: 6.29 %

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
16 min - 9.7 mi
AirportDriveWalkDistance
Kalamazoo/Battle Creek International 17 min - 8.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Hogan Wierda 773-572-5885 Matthews Real Estate Investment Services
Hogan Wierda 773-572-5885 Matthews Real Estate Investment Services