Freestanding Drive-Through
172 N RIVER AVE Holland, MI 49424
For Sale
Contact for pricing
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$431.78
Days on Market25
Property Features for 172 N RIVER AVE
General Information
- Standard status
- Active
- Size
- 2,316 SF
- Lot size
- 0.56 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Deno Bistolarides · License #6502378067
Source:
Crexi
Added: Jun 29
Changed: Jul 23
Last Checked: Jul 23 at 4:50AM
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
Location Intelligence
Current Use by Public Records
Little Caesars Pizza
Restaurant
FAQs
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 $1,000,000.
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
