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    1740 M 139 Benton Harbor, MI 49022

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    For Sale
    $1,500,000

    NNN leased investment opportunity with over 7 years remaining.

    Property size:
    7,973 SF
    Lot size:
    1.21 Acres

    Property Features for 1740 M 139

    General Information

    Size
    7,973 SF
    Lot size
    1.21 Acres

    Source: The Boulder Group - Corporate Agent Randy Blankstein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Advance Auto Parts For Sale

    This property is occupied by Advance Auto Parts, a publicly traded company on the New York Stock Exchange (AAP). The lease structure limits landlord responsibility to the structure only. Over 7 years remain on the primary lease term, with 5% rental escalations in each option period. The property is situated along Scottdale Road (M-139), which experiences a traffic volume of 14,500 vehicles per day. Its location offers proximity to Interstate 94, with a traffic volume of 63,600 vehicles per day, connecting Chicago to Detroit. The surrounding area features a variety of retailers, including Walmart Supercenter, Lowe’s, The Home Depot, Meijer, Walmart, T.J. Maxx, and PetSmart. Over 49,000 residents live within a five-mile radius, with an average household income of $91,387 within the same area. The property size is 7,973 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benton Harbor
    County
    Berrien
    State
    Michigan
    Longitude
    -86.437068
    Latitude
    42.085974

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    FAQs

    What type of property is this?
    Automotive property - NNN leased investment opportunity with over 7 years remaining.
    Where is this automotive property located?
    The property is located at 1740 M 139 Benton Harbor, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High average household income of $91,387 within a five-mile radius.; - Over 7 years remaining on the primary lease term.; - Located along Scottdale Road (M-139) with 14,500 VPD.
    (847) 562-8500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1740 M 139 Benton Harbor, MI 49022
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