6411 Blue Star Hwy | Saugatuck, MI 49453
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6411 Blue Star Hwy
Saugatuck, MI 49453
Burger King | NNN | 6.85% RENT-TO-SALES RATIO · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Over 17 yrs Left on Absolute NNN Lease w/ 1% Annual Increases Including Options
- Healthy Rent-to-Sales Ratio Under 7% | Rent Increase Coming November 2023
- Positioned Right off a High-Traffic Highway (Combined Daily Traffic Count of 63,000±)
- Recent Full Remodel Completed in 2017
- Grand Rapids MSA (1,038,583 Inhabitants)
- Saugatuck, MI Hosts Over 2 Million Tourists Annually
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,995 SF
Building Class
B
Year Built/Renovated
1996/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.43 AC
Zoning
CM
Parking
74 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
810’ on Blue Star Highway
AMENITIES
- Corner Lot
- Signage
- Drive Thru
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 20-003-005-00 | Improvements Assessment | $676,500 |
| Land Assessment | $117,100 | Total Assessment | $793,600 |
PROPERTY TAXES
Parcel Number
20-003-005-00
Land Assessment
$117,100
Improvements Assessment
$676,500
Total Assessment
$793,600
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