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3194 Henry St
Norton Shores, MI 49441

$1,919,000 USD

Fast Food For Sale  •  2,325 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,325 SF
  • Lot Size 0.59 AC
  • Building Class B
  • Year Built 2023
  • Tenancy Single
  • Zoning C-2
0 Transit Score
75 Walk Score

Highlights

12-Year Net Lease with Corporate Guaranty: Long-term lease backed by Chipotle Mexican Grill, Inc., a Fortune 500 company with over 3,446 locations
Rent escalations every five years during the primary term and option periods, providing a reliable growth in income
The lease has no tenant termination options, ensuring stability and predictability for the investor
Net lease structure with minimal landlord responsibilities limited to roof, structure, and parking lot maintenance
Positioned along Henry Street, an outparcel to a high-volume Meijer and across from a Walmart Supercenter, drawing substantial customer traffic
More than 15,737 vehicles pass directly in front of the property daily, with additional exposure from Seaway Drive’s 27,000 vehicles per day

Amenities

  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Michael Yuras 415-481-0788 Cushman & Wakefield
Michael Yuras 415-481-0788 Cushman & Wakefield