Single-Tenant NNN Convenience
For Sale
Contact for pricing
127 68th Ave S, Coopersville, MI 49404
Single-tenant NNN fee-simple property leased to Admiral with remaining lease term of 13.5 years.
Property SizeContact for details
Days on Market121
Property Features for 127 68th Ave S
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
13,848 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 12:28AM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This single-tenant, fee-simple NNN property is leased to Admiral. The lease is corporately guaranteed with a structure designed for passive ownership, with zero landlord responsibility under the NNN terms. The lease also includes two percent (2%) annual increases and option periods, with more than 13.5 years of term remaining.
The property is located in Coopersville, Michigan in north central Ottawa County, approximately 15 miles from Grand Rapids. It is positioned along 68th Ave S with stated traffic counts of 13,848 VPD and is just off Exit 16 of I-96, which is described as a major east-west highway running 192 miles from Detroit to the edge of Lake Michigan with over 39,432 VPD.
The offering is for the fee simple interest in the property. The public remarks also note that the fee-simple form of ownership may support depreciation and possible bonus depreciation eligibility. Admiral is owned by GPM Investments, LLC, a wholly owned subsidiary of ARKO Corp. (NASDAQ: ARKO).
The property is located in Coopersville, Michigan in north central Ottawa County, approximately 15 miles from Grand Rapids. It is positioned along 68th Ave S with stated traffic counts of 13,848 VPD and is just off Exit 16 of I-96, which is described as a major east-west highway running 192 miles from Detroit to the edge of Lake Michigan with over 39,432 VPD.
The offering is for the fee simple interest in the property. The public remarks also note that the fee-simple form of ownership may support depreciation and possible bonus depreciation eligibility. Admiral is owned by GPM Investments, LLC, a wholly owned subsidiary of ARKO Corp. (NASDAQ: ARKO).
Key Highlights
- Fee simple, single‑tenant property leased to Admiral under a corporately guaranteed NNN lease.
- Lease features 2% annual increases, including option periods, with 13.5 years of term remaining.
- Property is located on 68th Ave S with 13,848 VPD and just off Exit 16 of I‑96.
Property Analytics
Current Use
Lease Details
13,848 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
142k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 35%
Groceries 13%
Home Improvements & Furnishings 6%
McDonald's
Dining
29,253 visits/mo
0.1 miles
Speedway
Shops & Services
19,560 visits/mo
0.1 miles
Family Fare
Groceries
17,913 visits/mo
0.1 miles
Citgo
Shops & Services
12,433 visits/mo
Arby's
Dining
11,275 visits/mo
0.1 miles
Demographics for 49404, MI
8,913
Population
3,369
Households
2.6
Avg Household Size
36
Median Age
25%
College-Educated
93%
High-School Grad
62.4 sq mi
ZIP Area
143
Density / Sq Mi
$77,970
Median Household Income
$41,755
Median Earnings
$1,041
Median Rent
$271,200
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 NNN fee-simple property leased to Admiral with remaining lease term of 13.5 years.
Where is this nnn property located?
The property is located at 127 68th Ave S Coopersville, MI.
What are key features of this property?
This property features: Fee simple, single‑tenant property leased to Admiral under a corporately guaranteed NNN lease.; Lease features 2% annual increases, including option periods, with 13.5 years of term remaining.; Property is located on 68th Ave S with 13,848 VPD and just off Exit 16 of I‑96.
