NNN-Leased Bank
For Sale
Contact for pricing
2 W Main St, Fremont, MI 49412
Single-tenant bank asset with an absolute triple-net lease and multiple renewal options.
Property SizeContact for details
Days on Market143
Property Features for 2 W Main St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
SVN | Silveri Company
(616) 949-6168
Listed By:
Peter Colvin · License #MI 6501197270
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 10:51PM
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 SVN | Silveri Company
Investment Insights
Based on property information with market context.
This single-tenant bank property is occupied by Huntington National Bank under an absolute triple-net lease. The tenant has operated at the property since 1998, and the current renewal term runs from 1-1-21 through 12-31-30. Three additional renewal periods are included, each with rent increases.
The asset occupies a signalized corner at the intersection of Main Street and Main Street in downtown Fremont, Michigan. Its setting is surrounded by multiple retailers and places the property within the city’s established commercial core. Fremont is also identified as the longtime home of Gerber, a manufacturer of baby food and baby products.
The asset occupies a signalized corner at the intersection of Main Street and Main Street in downtown Fremont, Michigan. Its setting is surrounded by multiple retailers and places the property within the city’s established commercial core. Fremont is also identified as the longtime home of Gerber, a manufacturer of baby food and baby products.
Key Highlights
- Absolute triple‑net lease with Huntington National Bank
- Current 10‑year renewal term runs from 1‑1‑21 through 12‑31‑30
- Huntington National Bank has occupied the property since 1998
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 41%
Electronics 9%
Pizza Hut
Dining
4,283 visits/mo
0.3 miles
Fifth Third Bank & ATM
Shops & Services
3,114 visits/mo
0.1 miles
Deur-Speet Motors Inc
Shops & Services
1,879 visits/mo
0.1 miles
Verizon
Electronics
910 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
308 visits/mo
0.2 miles
Demographics for 49412, MI
11,703
Population
5,143
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
91%
High-School Grad
110.4 sq mi
ZIP Area
106
Density / Sq Mi
$63,504
Median Household Income
$37,272
Median Earnings
$860
Median Rent
$180,600
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?
NNN property - Single-tenant bank asset with an absolute triple-net lease and multiple renewal options.
Where is this nnn property located?
The property is located at 2 W Main St Fremont, MI.
What are key features of this property?
This property features: Absolute triple‑net lease with Huntington National Bank; Current 10‑year renewal term runs from 1‑1‑21 through 12‑31‑30; Huntington National Bank has occupied the property since 1998
