56151 M 51 S | Dowagiac, MI 49047
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56151 M 51 S
Dowagiac, MI 49047
Spartan Nash Operating as Family Fare Market · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- No landlord obligations - True NNN Lease
- A Fortune 400 company, SpartanNash is the 5th largest food distributor in the U.S.
- Long standing brand name, Family Fare is the “go-to” neighborhood grocery store
- Corporate guaranteed NNN lease with NNN Ground lease on fuel station
- Overall sales increased 9.5% in 2019-2020 (essential retailer)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
48,030 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
13.20 AC
Zoning
Commercial
PROPERTY TAXES
| Parcel Number | 14-160-310-001-05 | Improvements Assessment | $2,189,800 |
| Land Assessment | $78,000 | Total Assessment | $2,267,800 |
PROPERTY TAXES
Parcel Number
14-160-310-001-05
Land Assessment
$78,000
Improvements Assessment
$2,189,800
Total Assessment
$2,267,800
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