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6415 S Westnedge Ave
Portage, MI 49002
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,755 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.25 AC
Zoning
B-3
Parking
75 Spaces
Frontage
71’ on Westnedge

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru

About 6415 S WESTNEDGE AVE , PORTAGE, MI 49002

Burger King | Excellent Traffic Counts | Large Lot The subject property is an absolute NNN Burger King located in Portage, Michigan. There are 12.5 years remaining on a franchisee guaranteed lease by Bennett Management Corp. that operates 25 Burger King locations throughout Michigan, Ohio and Indiana. Burger King is located on South Westnedge Ave., a main retail thoroughfare in Portage with an excellent traffic counts that exceeds over 32,000 Cars Per Day. Across from the subject property is The Crossroads Mall with 97 specialty stores anchored by Macy' s, JcPenney, Sears and Burlington Coat Factory. Other national tenants in the immediate area includes; Home Depot, Dick' s Sporting Goods, Aldi, Toys R Us, Chili' s, Kohl' s, Petco, Barnes & Noble, TJ Maxx, Target, Sam' s Club, McDonald' s, Chuck E Cheese, and many more. Burger King is located on a hard corner on a large lot, approximately 53,579 SF. The subject property has exceptional accessibility via Interstate-94 less than 1 mile north and is located nearby to Portage Northern High School (1,300+ students). Also, it' s in close proximity to Kalamazoo/Battle Creek International Airport with 267K annual passengers. In place is a rare 10% rental increases every five years during the initial lease term and 5% rental increases in the option years.

Property Taxes

Property Taxes

Parcel Number
10-00010-165-A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$875,600
  • Listing ID: 6426388

  • Date on Market: 3/23/2017

  • Last Updated:

  • Address: 6415 S Westnedge Ave, Portage, MI 49002

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