7-Eleven Absolute NNN Ground
For Sale
Contact for pricing
3100 W Highland Rd, Howell, MI 48843
Long-term convenience store and fuel lease with scheduled 10% rent increases every 5 years.
Property SizeContact for details
Days on Market145
Property Features for 3100 W Highland Rd
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
24,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Michael Visser · License #6501368970
(616) 327-2800
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:33AM
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 Advantage Commercial Real Estate
Investment Insights
Based on property information with market context.
This offering is an absolute NNN ground lease supporting a 7-Eleven convenience store with gasoline service at 3100 W Highland Rd, Howell, Michigan. The lease structure places landlord responsibilities with the tenant, while the property benefits from an established retail and fuel use.
The site is near the junction of I-96 Bus and W Grand River Ave, where the location receives exposure to more than 24,000 vehicles per day. 7-Eleven, Inc. carries an AA- rating from S&P, and the lease was extended in 2013 through August 2028. Contractual rent increases occur at 10% intervals every 5 years, providing a defined escalation schedule during the remaining term.
The site is near the junction of I-96 Bus and W Grand River Ave, where the location receives exposure to more than 24,000 vehicles per day. 7-Eleven, Inc. carries an AA- rating from S&P, and the lease was extended in 2013 through August 2028. Contractual rent increases occur at 10% intervals every 5 years, providing a defined escalation schedule during the remaining term.
Key Highlights
- Absolute NNN ground lease with zero landlord responsibilities
- 7‑Eleven, Inc. tenant rated AA- by S&P
- Lease term extended through August 2028
Property Analytics
Property Profile
Current Use
Lease Details
24,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 48843, MI
47,704
Population
19,001
Households
2.5
Avg Household Size
41
Median Age
37%
College-Educated
95%
High-School Grad
89.6 sq mi
ZIP Area
532
Density / Sq Mi
$91,620
Median Household Income
$48,613
Median Earnings
$1,221
Median Rent
$323,100
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 - Long-term convenience store and fuel lease with scheduled 10% rent increases every 5 years.
Where is this nnn property located?
The property is located at 3100 W Highland Rd Howell, MI.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities; 7‑Eleven, Inc. tenant rated AA- by S&P; Lease term extended through August 2028
