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3055 Henry St
Muskegon, MI 49441
Long John Silver's · Retail Property For Sale

Investment Highlights

  • Long-Term, 15-Year Absolute Triple-Net (NNN) Lease
  • Corporate Tenant | Corporate Guarantee
  • Nations Largest Quick-Service Seafood Restaurant Chain
  • Attractive Rental Increases of 10% Every Five-Years
  • Strong Demographics | Population of 95,437 Individuals Within a 5-Mile Radius
  • Products are Sustainably Harvested, Ocean Grown, and Fished

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,796 SF
Building Class
B
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.30 AC
Zoning
C - E - Commercial
Parking
47 Spaces (26.17 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

About 3055 HENRY ST , MUSKEGON, MI 49441

The subject investment property is situated along Henry Street, which boasts average daily traffic counts exceeding 19,052 vehicles respectively. Henry Street intersects with West Norton Avenue, which brings another 28,500 vehicles into the immediate area on average daily. There are more than 56,382 individuals residing within a three-mile radius of the property and more than 95,437 individuals within a five-mile radius. The subject property benefits from being well-positioned in a dense retail corridor consisting of national and local tenants, malls, shopping outlets, and major highways, all within close proximity of this property. Major national tenants include: Walgreens, Aldi, Home Depot, Walmart, Taco Bell, Autozone, Domino’s, Dollar Tree, Arby’s, Meijer, Chase Bank, Subway, UPS, Rite Aid, as well as many more. The subject property also benefits from its close proximity to Woodland Mall and The Shops at Centerpoint. Due to its close proximity to Lake Michigan, this area fills with tourists during the summer which produces a substantial increase in business. The subject property is also less than four miles from the Muskegon County Airport. Muskegon is a city in the U.S. state of Michigan, and is the largest populated city on the eastern shores of Lake Michigan. At the 2010 census the city population was 38,401. The city is the county seat of Muskegon County. Muskegon is located about 30 miles outside of Grand Rapids, Michigan. Grand Rapids is the largest city and seat of Kent County, Michigan. Grand Rapids is known as the second-largest city in Michigan, and the largest city in West Michigan. It is on the Grand River about 30 miles east of Lake Michigan. According to the 2010 census, the Grand Rapids metropolitan area had a population of 1,005,648. Grand Rapids is known for being home to many tourist attractions such as the John Ball Zoological Garden, Belknap Hill, and the Gerald R. Ford Museum. Significant buildings in the downtown include the DeVos Place Convention Center, Van Andel Arena, the Amway Grand Plaza Hotel, and the JW Marriott Hotel. The Urban Institute for Contemporary Arts is located downtown as well, and houses art exhibits, a movie theater, and the urban clay studio. Grand Rapids has a number of popular concert venues as well as the Grand Rapids Symphony, which is the largest performing arts organization in the city.

Property Taxes

Property Taxes

Parcel Number
25-001-400-0002-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$220,600
  • Listing ID: 16628402

  • Date on Market: 7/16/2019

  • Last Updated:

  • Address: 3055 Henry St, Muskegon, MI 49441

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