Net-Lease Retail
For Sale
Contact for pricing
6125 S Westnedge Ave, Portage, MI 49002
Single-tenant Mattress Firm on a major retail corridor with an 11-year NN+ lease and corporate guarantee.
Property SizeContact for details
Days on Market122
Property Features for 6125 S Westnedge Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
30,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Abraham Leon · License #MI 6501374239
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 6:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a single-tenant Mattress Firm configured for long-term occupancy, offered with an Eleven (11) year NN+ lease with approximately 7+ years remaining. Landlord responsibilities are described as minimal, limited to roof and structure. The lease includes 10% rent escalations every five years and two (2) five-year renewal options. The lease is corporately guaranteed by Mattress Holding Corp.
The property is located on the retail corridor of S Westnedge Ave in Portage, MI, with 30,000+ VPD on S Westnedge Ave and positioned south of Interstate 94 (77,000+ VPD). It sits directly across the street from a Chic-fil-A and is surrounded by national and regional retailers including Kohl’s, TJMaxx, Tuesday Morning, Petco, Five Below, Taco Bell, Hobby Lobby, Aldi, Dick’s Sporting Goods, JoAnn Fabrics, Chili’s, and others.
This offering is presented as a fit for 1031 exchange buyers seeking fee simple ownership, with the current lease designed to support a largely passive ownership profile.
The property is located on the retail corridor of S Westnedge Ave in Portage, MI, with 30,000+ VPD on S Westnedge Ave and positioned south of Interstate 94 (77,000+ VPD). It sits directly across the street from a Chic-fil-A and is surrounded by national and regional retailers including Kohl’s, TJMaxx, Tuesday Morning, Petco, Five Below, Taco Bell, Hobby Lobby, Aldi, Dick’s Sporting Goods, JoAnn Fabrics, Chili’s, and others.
This offering is presented as a fit for 1031 exchange buyers seeking fee simple ownership, with the current lease designed to support a largely passive ownership profile.
Key Highlights
- Single‑tenant Mattress Firm on S Westnedge Ave retail corridor in Portage, MI
- 11‑year NN+ lease with 7+ years remaining; landlord responsibilities limited to roof and structure
- Lease features 10% rent escalations every 5 years plus two (2) five‑year renewal options
Property Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
374k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Groceries 33%
Dining 17%
Home Improvements & Furnishings 14%
Meijer
Groceries
101,867 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
29,124 visits/mo
0.3 miles
Meijer Gas Station
Shops & Services
25,902 visits/mo
0.3 miles
HomeGoods
Home Improvements & Furnishings
22,468 visits/mo
0.1 miles
Earth Fare
Groceries
21,322 visits/mo
0.2 miles
Demographics for 49002, MI
19,553
Population
8,975
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
17.3 sq mi
ZIP Area
1,130
Density / Sq Mi
$71,621
Median Household Income
$45,938
Median Earnings
$910
Median Rent
$223,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant Mattress Firm on a major retail corridor with an 11-year NN+ lease and corporate guarantee.
Where is this nnn property located?
The property is located at 6125 S Westnedge Ave Portage, MI.
What are key features of this property?
This property features: Single‑tenant Mattress Firm on S Westnedge Ave retail corridor in Portage, MI; 11‑year NN+ lease with 7+ years remaining; landlord responsibilities limited to roof and structure; Lease features 10% rent escalations every 5 years plus two (2) five‑year renewal options
