1740 M 139, Benton Harbor, MI
NNN leased investment opportunity with over 7 years remaining.
- Added:
- Nov 25, 2025
- Days on Market:
- 203
- Last Refresh:
- May 20 at 8:23 pm
Property Features for 1740 M 139
General Information
- Standard status
- Active
- Size
- 7,973 SF
- Lot size
- 1.21 Acres
- Property subtype
- RETAIL
Listing agent Scotty Latimer License #471005983 (858) 866-6166
Listing office Matthews Real Estate Investment Services | Dallas (858) 866-6166
Listing date Nov 25, 2025
Source Moodyscre
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HighLights
- High average household income of $91,387 within a five‑mile radius.
- Over 7 years remaining on the primary lease term.
- Located along Scottdale Road (M‑139) with 14,500 VPD.
- Proximity to Interstate 94 (63,600 VPD) connecting Chicago to Detroit.
- Limited landlord responsibility (structure only).
- Surrounded by top retailers including Walmart Supercenter, Lowe’s, and The Home Depot.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.4k | $15.48 |
| − Vacancy | −$5.2k | −$0.65 |
| EGI | $118.2k | $14.83 |
| − OpEx | −$35.5k | −$4.45 |
| NOI | $82.8k | $10.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Benton Harbor
- County
- Berrien
- State
- Michigan
- Longitude
- -86.4371
- Latitude
- 42.086