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Former Checkers with Drive-Thru | User-Ready 554 E 8th St 1,070 SF Vacant Retail Building Online Auction Sale Holland, MI 49423
Investment Highlights
- 554 E 8th Street presents a freestanding, 1,070-square-foot former Checker’s drive-thru restaurant building, equipped with a commercial kitchen.
- Proximity to downtown Holland and Lake Michigan, as well as major employers and traffic-demand drivers, such as the Ray and Sue Smith Stadium.
- Next to a 650,000-square-foot facility used for FedEx, UPS, and DHL’s shipping logistics and mail handling, a major daytime employment hub.
- Redevelopment or re-lease opportunity of an established quick-service retail (QSR) infrastructure in a business-friendly environment.
- Attractive demographics and a strong hospitality presence invite tourism and cultural demand drivers to the immediate area, driving spending power.
- National retailers contributing to commercial synergy include McDonald’s, Starbucks, Pizza Hut, Family Dollar, Taco Bell, and Menards.
Executive Summary
The Northmarq National Restaurant Group is pleased to present this former single-tenant Checkers property located at 554 E 8th Street in Holland, Michigan.
The asset offers investors a rare opportunity to acquire a freestanding drive-thru restaurant with dual-lane infrastructure, pylon signage, and full site utilities, enabling immediate re-tenanting or redevelopment with minimal capital investment.
Located along East 8th Street, one of Holland’s primary commercial corridors, the property benefits from direct connectivity to Downtown Holland, US-31, and Interstate 196. The surrounding trade area includes over 55,200 residents within 3 miles and households with average incomes exceeding $86,100, supporting strong retail and restaurant demand.
Major employers such as Haworth, Gentex, and LG Energy Solution’s new battery manufacturing facility, along with Hope College and Holland Hospital, contribute to a stable economic base and strong daytime population. The corridor continues to attract new residential and hospitality investment, including the planned 190-unit Lakewood Place Apartment Village and several nationally branded hotels within a 3-mile radius.
Supported by Holland’s year-round tourism, vibrant downtown, and pro-growth business environment, this location provides an exceptional opportunity to capture long-term value in one of West Michigan’s most stable and expanding markets.
Property tours are by appointment only. Please contact the listing broker to schedule.
Property is being listed by Melissa McKenzie | Northmarq | MI Lic. #6502387293
The asset offers investors a rare opportunity to acquire a freestanding drive-thru restaurant with dual-lane infrastructure, pylon signage, and full site utilities, enabling immediate re-tenanting or redevelopment with minimal capital investment.
Located along East 8th Street, one of Holland’s primary commercial corridors, the property benefits from direct connectivity to Downtown Holland, US-31, and Interstate 196. The surrounding trade area includes over 55,200 residents within 3 miles and households with average incomes exceeding $86,100, supporting strong retail and restaurant demand.
Major employers such as Haworth, Gentex, and LG Energy Solution’s new battery manufacturing facility, along with Hope College and Holland Hospital, contribute to a stable economic base and strong daytime population. The corridor continues to attract new residential and hospitality investment, including the planned 190-unit Lakewood Place Apartment Village and several nationally branded hotels within a 3-mile radius.
Supported by Holland’s year-round tourism, vibrant downtown, and pro-growth business environment, this location provides an exceptional opportunity to capture long-term value in one of West Michigan’s most stable and expanding markets.
Property tours are by appointment only. Please contact the listing broker to schedule.
Property is being listed by Melissa McKenzie | Northmarq | MI Lic. #6502387293
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- Operating and Financial Statements
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Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Building Size
1,070 SF
Building Class
C
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.72 AC
Parcel Number
70-16-28-401-017
Zoning
C2 - Commercial
Parking
13 Spaces (15.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
5,814
55,269
96,877
2020 Population
6,128
56,209
97,504
2030 Population
5,870
56,173
98,681
2025-2030 Projected Population Growth
1.0%
1.6%
1.9%
Daytime Employees
6,308
41,330
67,056
Total Businesses
779
4,220
5,623
Average Household Income
$74,766
$86,188
$95,248
Median Household Income
$56,732
$69,530
$77,028
Total Consumer Spending
$60.1M
$599.4M
$1.1B
Median Age
34.4
36.4
37.5
2025 Households
2,290
20,663
36,047
Percent College Degree or Above
14%
16%
19%
Average Home Value
$258,147
$285,022
$325,454
Nearby Major Retailers
Sale Advisors
Sale Advisors
Matt Lipson, Senior Vice President
Matt Lipson is senior vice president in Northmarq’s West region and co-founder of the firm’s National Restaurant Group. He has 15+ years of real estate experience and prior to that worked in various facets including management roles at restaurants since he was 14 years old.
Matt focuses on restaurant net leased sales nationwide, which practices include sale-leasebacks, portfolio management and sales, the real estate portion of mergers and acquisitions and one-off investment sales. He has an extensive track record representing REIT’s, franchisees, private equity groups, developers and high-net-worth investors. From 2021 to 2023, Matt transacted over 100 restaurant properties and over $1 billion in net leased investment sales over the course of his career.
Matt holds a B.S. in psychology from San Diego State University. He is a Licensed Real Estate Broker in Oregon and is a member of SIGMA Financial Services and International Council of Shopping Centers (ICSC).
Matt focuses on restaurant net leased sales nationwide, which practices include sale-leasebacks, portfolio management and sales, the real estate portion of mergers and acquisitions and one-off investment sales. He has an extensive track record representing REIT’s, franchisees, private equity groups, developers and high-net-worth investors. From 2021 to 2023, Matt transacted over 100 restaurant properties and over $1 billion in net leased investment sales over the course of his career.
Matt holds a B.S. in psychology from San Diego State University. He is a Licensed Real Estate Broker in Oregon and is a member of SIGMA Financial Services and International Council of Shopping Centers (ICSC).
Will Pural, Senior Vice President of Investments
Will Pural is a senior vice president on Northmarq’s National Restaurant Group based in San Diego. Within the net lease sector, Will has created a niche when it comes to the acquisition, disposition, lease negotiation, site selection and development of quick service restaurants (QSR) and restaurant properties nationwide. Leveraging his expertise in the retail and net lease marketplace, as well as his relationships with private investors, tenants, developers, lenders and institutions, Will has developed a reputation for being able to execute and deliver for his clients based on their investment criteria and goals. In addition, he sets the standard for comprehensive knowledge, creative strategies and a value-add approach.
Prior to joining Northmarq, Will was a senior vice president of investments at CIRE Partners for over 15 years, specializing in the acquisition and disposition of net lease properties nationwide. Will and the team of high-grossing brokers at CIRE Partners played an integral role in successfully closing over 300 transactions valued in excess of $2 billion.
Will graduated from San Diego State University and holds a Bachelor of Science degree in business administration with a focus on real estate and finance. He is an active member of ICSC.
Prior to joining Northmarq, Will was a senior vice president of investments at CIRE Partners for over 15 years, specializing in the acquisition and disposition of net lease properties nationwide. Will and the team of high-grossing brokers at CIRE Partners played an integral role in successfully closing over 300 transactions valued in excess of $2 billion.
Will graduated from San Diego State University and holds a Bachelor of Science degree in business administration with a focus on real estate and finance. He is an active member of ICSC.
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Former Checkers with Drive-Thru | User-Ready | 554 E 8th St
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Former Checkers with Drive-Thru | User-Ready | 554 E 8th St
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