Gas
New
For Sale
$1,218,993
1701 Oak St, Niles, MI 49120
Available as a standalone acquisition or as part of a 30-property petroleum portfolio.
Property Size1,000 SF
Price / SF$1,218
Days on Market2
Property Features for 1701 Oak St
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
NNN
Additional Details
Cap Rate
6.5%
Amenities
Long Term Lease | Current Term Runs Through May 2036
Four, Five Year Renewal Options | Built-In Annual Rent Increases
Can be Purchased as an Individual Property or as Part of a Portfolio
Building Details
Building Size
1,000 SF
Listed By:
Timothy Nichols · License #License(s): IL: 475.159619
(630) 570-2183
Source:
Marcusmillichap
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:53AM
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 Timothy Nichols
Investment Insights
Based on property information with market context.
This gas station is identified at 1701 Oak St in Niles, Michigan. It is one of 30 properties in a petroleum portfolio comprising 29 Michigan assets and one Indiana asset. The portfolio is available through individual-property or larger-package acquisition strategies.
Key Highlights
- Part of a 30‑property petroleum portfolio: 29 Michigan assets and one Indiana asset
- Available individually or as part of a larger portfolio acquisition
- Located at 1701 Oak St in Niles, Michigan
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Apparel 33%
Dairy Queen
Dining
1,196 visits/mo
0.4 miles
Clarks
Apparel
583 visits/mo
0.2 miles
Demographics for 49120, MI
37,076
Population
15,581
Households
2.4
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
116.5 sq mi
ZIP Area
318
Density / Sq Mi
$61,940
Median Household Income
$38,779
Median Earnings
$911
Median Rent
$166,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Gas station - Available as a standalone acquisition or as part of a 30-property petroleum portfolio.
Where is this gas station located?
The property is located at 1701 Oak St Niles, MI.
What is the asking price?
The asking price for this property is $1,218,993.
What are key features of this property?
This property features: Part of a 30‑property petroleum portfolio: 29 Michigan assets and one Indiana asset; Available individually or as part of a larger portfolio acquisition; Located at 1701 Oak St in Niles, Michigan
