Freestanding Drive-Through
For Sale
$1,077,000
172 N River Ave, Holland, MI 49424
Freestanding drive-through restaurant with absolute NNN lease structure and tenant responsibility for building-related expenses.
Property Size2,316 SF
Lot Size0.56 Acres
Price / SF$465.03
Days on Market67
Property Features for 172 N River Ave
General Information
Standard status
Active
Size
2,316 SF
Lot size
0.56 Acres
Property subtype
Retail
Zoning
C-2
Additional Details
Cap Rate
6%
Traffic Count
33,000 vehicles/day
Building Details
Building Size
2,316 SF
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Brandon Kassab · License #6501390606
(248) 702-0292
Source:
Cpix.resimplifi
Added: Jul 3
Changed: Aug 25
Last Checked: Sep 7 at 4:49AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
Freestanding drive-through restaurant offered for sale as a brand-new 15-year absolute NNN sale-leaseback. The property is a 2,316 SF building on 0.56 acres. Under the absolute NNN structure, the tenant is responsible for taxes, insurance, CAM, roof, and structure, with zero landlord responsibilities. The lease includes 10% rental increases every five years during the initial term and option periods, along with four 5-year renewal options.
Located at 172 N River Ave in a high-visibility retail corridor, the site is near the signalized intersection with Douglas Ave. The property benefits from more than 33,000 vehicles passing daily along N River Ave.
The immediate retail area includes major national retailers such as CVS, Taco Bell, Walmart, Sam’s Club, Target, Meijer, Lowe’s, and Starbucks, supporting the property’s strong storefront draw.
Located at 172 N River Ave in a high-visibility retail corridor, the site is near the signalized intersection with Douglas Ave. The property benefits from more than 33,000 vehicles passing daily along N River Ave.
The immediate retail area includes major national retailers such as CVS, Taco Bell, Walmart, Sam’s Club, Target, Meijer, Lowe’s, and Starbucks, supporting the property’s strong storefront draw.
Key Highlights
- 2,316 SF freestanding drive‑through restaurant on 0.56 acres at 172 N River Ave, Holland, MI 49424
- Absolute NNN sale‑leaseback: tenant responsible for taxes, insurance, CAM, roof, and structure
- Lease includes 10% rental increases every five years during the initial term and option periods, plus four 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
33,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Explore this area
Business Placement
Demographics for 49424, MI
47,963
Population
19,906
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
57.3 sq mi
ZIP Area
837
Density / Sq Mi
$82,353
Median Household Income
$41,316
Median Earnings
$1,157
Median Rent
$270,000
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?
Drive through restaurant - Freestanding drive-through restaurant with absolute NNN lease structure and tenant responsibility for building-related expenses.
Where is this drive through restaurant located?
The property is located at 172 N River Ave Holland, MI.
What is the asking price?
The asking price for this property is $1,077,000.
What are key features of this property?
This property features: 2,316 SF freestanding drive‑through restaurant on 0.56 acres at 172 N River Ave, Holland, MI 49424; Absolute NNN sale‑leaseback: tenant responsible for taxes, insurance, CAM, roof, and structure; Lease includes 10% rental increases every five years during the initial term and option periods, plus four 5‑year renewal options
