2315 Alpine Ave | Grand Rapids, MI 49544
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2315 Alpine Ave
Grand Rapids, MI 49544
Wendy's · Retail Property For Sale
Investment Highlights
- 20 Year Absolute Net Lease Signed Aug 2017
- 5% Rental Increases Every 5 Years During Base Term and Options
- Leased to Meritage Hospitality Group - The Largest Wendy's Franchisees in the Country
- Absolute Net Lease - Zero Landlord Responsibilities
- 2017 Remodel To The New Wendy's Prototype
- Over 25,000 Vehicles/Day Along Alpine Avenue
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,378 SF
Building Class
C
Year Built/Renovated
2002/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.72 AC
Zoning
C-1
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
55’ on Alpine Ave
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 41-13-11-426-034 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $649,200 |
Property Taxes
Parcel Number
41-13-11-426-034
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$649,200
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