Log In/Sign Up
Your email has been sent.
208 River St
Kalamazoo, MI 49048
7-Eleven · Retail Property For Sale
Investment Highlights
- Provides a truly passive investment.
- Occupied by one of the largest convenience store operators in North America.
- Contractual 1.0% annual rent increases provide consistent income growth.
- Offers outstanding visibility along a primary commercial corridor.
Executive Summary
Fortis Net Lease is pleased to present the opportunity to acquire a single-tenant 7-Eleven (Speedway) convenience store located at 2020 W Stadium Boulevard in Ann Arbor, Michigan. The property consists of a 2,334-square-foot retail building situated on 0.79 acres and is secured by an Absolute NNN lease, providing investors with a truly passive ownership structure with no landlord responsibilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
3,107 SF
Building Class
C
Year Built
2006
Price
$5,712,361
Price Per SF
$1,838.55
Cap Rate
5.25%
NOI
$299,899
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.66 AC
Zoning
C-1 - Commercial
Frontage
132’ on River St
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 07-19-226-190 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $294,700 |
Property Taxes
Parcel Number
07-19-226-190
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$294,700
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
