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5213 Lake Michigan Dr
Allendale, MI 49401
O'Reilly Auto Parts · Retail Property For Sale
Investment Highlights
- Positioned within the Grand Rapids MSA
- 13+ years remaining on the primary lease term
- 2018 build-to-suit for O'Reilly Auto Parts
- O'Reilly Auto Parts is an investment grade rated tenant (S&P: BBB)
- 6% rental escalations every five years beginning in year 11
- 40,721 people living within five miles of the property earning an average annual income of $82,628
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,744 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.99 AC
Parking
29 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 70-09-24-400-080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $628,100 |
Property Taxes
Parcel Number
70-09-24-400-080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$628,100
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