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4016-4020 Plainfield Ave NE
Grand Rapids, MI 49525
Little Caesars Pizza · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Location is Drive Thru Equipped
  • 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
  • Recent Interior Remodel to Little Caesar's "I-7 Prototype"
  • Population Within a 5 Mile Radius is in Excess of 122,000 +

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,684 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.35 AC
Zoning
C-1 - Commercial
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
39’ on Plainfield Ave

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-10-33-254-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$175,400
  • Listing ID: 22247889

  • Date on Market: 2/16/2021

  • Last Updated:

  • Address: 4016-4020 Plainfield Ave NE, Grand Rapids, MI 49525

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