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5135 Broadmoor Ave SE
Grand Rapids, MI 49512
20YR NNN W/ 1% ANNUAL INCREASES - Burger King · Retail Property For Sale
Investment Highlights
- Brand New 20 Year Absolute NNN Lease w/ 1% Annual Increases Including Options
- Successful Store with Strong Operating History and Healthy Rent-to-Sales Ratio
- Grand Rapids MSA (Population: 1,038,583)
- One of Burger King’s Fastest Growing Franchisee Groups Operating in Michigan
- Upcoming Remodel Scheduled for 2023
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,515 SF
Building Class
C
Year Built/Renovated
1998/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.76 AC
Zoning
C-PUD
Parking
30 Spaces (9.74 Spaces per 1,000 SF Leased)
Frontage
45’ on Broadmoor Ave
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 41-18-25-400-091 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $483,800 |
Property Taxes
Parcel Number
41-18-25-400-091
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$483,800
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