Corporate-Backed NNN
5370 W Main St Kalamazoo, MI 49009
New
For Sale
$1,162,000
Corporate-guaranteed NNN restaurant investment with 19 years of lease term remaining and periodic five-year rent increases.
Property Size1,890 SF
Price / SF$614.81
Days on Market4
Property Features for 5370 W Main St
General Information
Standard status
Active
Size
1,890 SF
Property subtype
Restaurant
Listing Agency:
Marcus & Millichap - Detroit
(949) 350-5431
Listed By:
Ron Duong · License #License(s): CA: 01438643
(949) 350-5431
Source:
Marcusmillichap
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 26 at 9:23AM
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 Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
This corporate-guaranteed NNN restaurant property is offered as a sale investment. The lease features a remaining term of approximately 19 years, extending through 2055, along with four successive five-year options. The structure includes 10% rental increases every five years.
Located at 5370 W Main St in Kalamazoo’s Main Street corridor, the site is described as being among a dense mix of national retailers, including Chick-fil-A, Chipotle, Five Guys, Kohl’s, Lowe’s, and Aldi. The property is also described as less than 3.5 miles from downtown Kalamazoo and about 3 miles from Western Michigan University, which has 17,000+ students.
As presented, the offering supports a long operating history at this specific location, along with a trade-area profile within 5 miles that includes 107,709 residents and an average household income of $89,687.
Located at 5370 W Main St in Kalamazoo’s Main Street corridor, the site is described as being among a dense mix of national retailers, including Chick-fil-A, Chipotle, Five Guys, Kohl’s, Lowe’s, and Aldi. The property is also described as less than 3.5 miles from downtown Kalamazoo and about 3 miles from Western Michigan University, which has 17,000+ students.
As presented, the offering supports a long operating history at this specific location, along with a trade-area profile within 5 miles that includes 107,709 residents and an average household income of $89,687.
Key Highlights
- Corporate‑guaranteed NNN restaurant investment
- 19 years of lease term remaining with four 5‑year options
- Periodic 5‑year rent increases throughout the lease term and options
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- BIGGBY COFFEE — 4560 W Main St, Kalamazoo, MI 49006
- Starbucks — 5350 W Main St, Kalamazoo, MI 49009
- Kung Fu Tea Kalamazoo — 5043 W Main St, Kalamazoo, MI 49009
- Starbucks — 5370 W Main St, Kalamazoo, MI 49009
- Cold Stone Creamery — 4540 W Main St, Kalamazoo, MI 49006
Frequently Asked Questions
What type of property is this?
Coffee shop - Corporate-guaranteed NNN restaurant investment with 19 years of lease term remaining and periodic five-year rent increases.
Where is this coffee shop located?
The property is located at 5370 W Main St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $1,162,000.
What are key features of this property?
This property features: Corporate‑guaranteed NNN restaurant investment; 19 years of lease term remaining with four 5‑year options; Periodic 5‑year rent increases throughout the lease term and options
