4604 Red Arrow Hwy, Stevensville, MI 49127
Long John Silver’s restaurant is offered as a long-term NNN lease property on a 1.33-acre parcel.
Property Features for 4604 Red Arrow Hwy
General Information
Building Details
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Investment Insights
Based on property information with market context.
This Long John Silver’s is subject to a long-term 15-year triple-net (NNN) lease that commenced on May 17, 2018. The annual rent is stated as $39,214, and the tenant has two (2) five-year renewal options.
The offering is structured as an NNN restaurant property with a remaining lease term governed by the current lease and its renewal provisions.
Key Highlights
- Long John Silver’s on 1.33‑acre parcel with 3,281 rentable SF building space
- Constructed in 1987
- Long‑term 15‑year triple‑net (NNN) lease commenced May 17, 2018
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Demographics for 49127, MI
Market
Vacancy Rate% for Retail in Midwest region