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3471 W Shore Dr
Holland, MI 49424
Taco Bell 12 Sale Leaseback Portfolio · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,000 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.06 AC
Zoning
C-2
Parking
48 Spaces
Frontage
131’ on W Shore Dr

About 3471 W SHORE DR , HOLLAND, MI 49424

Taco Bell will be operating under brand new 20 year NNN leases. The new leases will contain four (4), five (5) year renewal options and features 10% increases in rent every five (5) years. The NNN lease structure requires the Tenant to pay for all expenses and manage the property leaving the Landlord with zero responsibilities. These assets can be purchased as a portfolio or individually. The properties are located in Western Michigan. This part of the state is healthier than the rest of the United States and includes concentrations of stores in such well known cities as Kalamzoo and Grand Rapids. The portfolio performs over the national average for all Taco Bells. The growth in revenue from 2014 to 2015 exceeded 9.2%.

Property Taxes

Property Taxes

Parcel Number
70-16-09-300-074
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$603,400
  • Listing ID: 4730533

  • Date on Market: 10/27/2016

  • Last Updated:

  • Address: 3471 W Shore Dr, Holland, MI 49424

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