Triple-Net Restaurant
For Sale
Contact for pricing
21 N Beacon Blvd, Grand Haven, MI 49417
Single-tenant Stan’s Taco is offered with a new 15-year triple-net lease featuring scheduled rent increases.
Property Size2,282 SF
Lot Size0.87 Acres
Days on Market121
Property Features for 21 N Beacon Blvd
General Information
Standard status
Active
Size
2,282 SF
Lot size
0.87 Acres
Property subtype
Retail
Lease Type
NNN
Additional Details
Lease Term
180 months
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 4:43PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This sale presents a single-tenant, triple-net restaurant property operated as Stan’s Taco. The building includes 2,282 square feet of space and is situated on approximately 0.873 acres of land. Following close of escrow, the tenant will enter into a brand new 15-year triple-net (NNN) lease with absolutely no landlord responsibilities upon the day after escrow. The lease includes rental increases equal to the lesser of the change in CPI or 1.25% annually starting in Year 3, continuing through the base term and into six, five-year renewal options.
The lease also includes a guaranty from Meritage Hospitality Group, identified in the offering materials as an experienced 344-unit operator. The property is located at 21 N Beacon Boulevard in Grand Haven, Michigan.
The lease also includes a guaranty from Meritage Hospitality Group, identified in the offering materials as an experienced 344-unit operator. The property is located at 21 N Beacon Boulevard in Grand Haven, Michigan.
Key Highlights
- Single‑tenant Stan’s Taco with 2,282 SF building space on approx. 0.873 acres at 21 N Beacon Boulevard, Grand Haven, MI
- New 15‑year triple‑net (NNN) lease begins the day after escrow close
- Tenant has a new lease with absolutely no landlord responsibilities upon the day following close of escrow
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
176k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 26%
Home Improvements & Furnishings 15%
Office Supplies 5%
The Home Depot
Home Improvements & Furnishings
25,975 visits/mo
0.3 miles
Culver's
Dining
23,196 visits/mo
0.4 miles
Starbucks
Dining
13,210 visits/mo
0.3 miles
Dollar Tree
Shops & Services
12,376 visits/mo
0.4 miles
Wendy's
Dining
12,171 visits/mo
0.3 miles
Demographics for 49417, MI
32,406
Population
14,709
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
95%
High-School Grad
46.9 sq mi
ZIP Area
691
Density / Sq Mi
$84,476
Median Household Income
$45,392
Median Earnings
$1,101
Median Rent
$287,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant Stan’s Taco is offered with a new 15-year triple-net lease featuring scheduled rent increases.
Where is this nnn property located?
The property is located at 21 N Beacon Blvd Grand Haven, MI.
What are key features of this property?
This property features: Single‑tenant Stan’s Taco with 2,282 SF building space on approx. 0.873 acres at 21 N Beacon Boulevard, Grand Haven, MI; New 15‑year triple‑net (NNN) lease begins the day after escrow close; Tenant has a new lease with absolutely no landlord responsibilities upon the day following close of escrow
