1200 Wealthy St SE | Grand Rapids, MI 49506
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- LoopNet Team
1200 Wealthy St SE
Grand Rapids, MI 49506
Little Caesars Pizza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease - Zero Landlord Responsibilities
- Recent Interior Remodel to Little Caesar's "I-7" Prototype
- Pandemic Beneficial Business Model with Low Price Point Menu Items - Location Has Strong Demographics to Support the Location's Business Model
- Tenant has Committed to a Long Term 15 Year Lease with Rental Increases Every Five Years
- Located in Grand Rapid's Vibrant Uptown Neighborhood Directly on Wealthy Street
- Population Within a 5 Mile Radius 294,000 +
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,969 SF
Building Class
C
Year Built
1965
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.27 AC
Zoning
CM
Parking
10 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 41-14-32-201-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $324,900 |
PROPERTY TAXES
Parcel Number
41-14-32-201-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$324,900
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