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5510 Harvey St
Muskegon, MI 49444

$1,600,000 USD

Fast Food For Sale  •  510 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 510 SF
  • Lot Size 1.78 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning PUD
0 Transit Score
47 Walk Score

Highlights

15-year absolute net lease featuring 10% rental increases every 5 years throughout the base term and options
2024 build-to-suit construction with drive-thru
Outparcel to The Lakes Mall with direct ingress/egress from Harvey Street – 22,875 VPD
The Lakes Mall is a 645,000 SF regional mall subject to 3.2M annual visitors, which ranks in the 90th percentile of malls in Michigan per Placer.ai
Zero maintenance/expense obligations for the landlord making this a truly “hands-off” investment
Brew Horizons LLC is currently a 25-unit 7 Brew franchisee with a 200-unit franchise agreement in place

Property Flyers

Cap Rate: 6.25 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 113
Type: Surface
Included in Rent: Yes
John Andreini 415-274-2715 CP Partners CRE
John Andreini 415-274-2715 CP Partners CRE