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    6005 S Westnedge Ave Portage, MI 49002

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    For Sale
    $3,750,000

    Net-leased QSR in prime retail corridor, opening Fall 2025.

    Property size:
    3,386 SF
    Lot size:
    0.77 Acres

    Property Features for 6005 S Westnedge Ave

    General Information

    Size
    3,386 SF
    Lot size
    0.77 Acres

    Source: Colliers Agent Simon Jonna

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

    Overview

    Net-Leased QSR Prime Location

    This is a 3,386 square foot net-leased QSR (Quick Service Restaurant) situated on 0.88 acres. The property is located at a signalized intersection of E. Milham and S. Westnedge Avenue, within a retail corridor surrounded by Target, Meijer, Lowe’s, and Starbucks. It is easily accessible by I-94. The location is scheduled to open in Fall 2025. A new 15-year ground lease is in place with no landlord responsibility. The lease includes 7.5% rent increases every 5 years. The S&P rating is BB-.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.588926
    Latitude
    42.2293

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    FAQs

    What type of property is this?
    NNN property - Net-leased QSR in prime retail corridor, opening Fall 2025.
    Where is this nnn property located?
    The property is located at 6005 S Westnedge Ave Portage, MI.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - Prime Location Opening Fall 2025; - New 15-Yr Ground Lease; - No Landlord Responsibility
    (249) 540-1000
    Request Owner's contact information
    6005 S Westnedge Ave Portage, MI 49002
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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
    6005 S Westnedge Ave Portage, MI 49002
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