7-Eleven Absolute NNN
New
For Lease
$6,482,206 NNN
208 River Street, Kalamazoo, MI 49048
Single-tenant convenience retail asset with an absolute NNN lease and contractual annual rent increases.
Space SizeContact for details
Property Size3,107 SF
Lot Size0.66 Acres
Days on Market5
Property Features for 208 River Street
General Information
Standard status
Active
Size
3,107 SF
Lot size
0.66 Acres
Property subtype
Retail
Occupancy
100%
Net Operating Income
$340
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Space Use
Gas Station
Building Details
Building Size
3,107 SF
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #6501323470
Source:
Fortisnetlease
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 19 at 6:34AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This single-tenant NNN property at 208 River Street includes a 3,107-square-foot convenience store on 0.66 acres. The asset is occupied by 7-Eleven (Speedway) under an absolute NNN lease, placing landlord responsibilities with the tenant under the stated lease structure. Contractual 1.0% annual rent increases are included.
The lease began on November 22, 2024, and runs through December 31, 2040. The property is located in Kalamazoo, Michigan, along River Street, with access to Interstate 94 identified in the property information. The reported capitalization rate is 5.25%.
The lease began on November 22, 2024, and runs through December 31, 2040. The property is located in Kalamazoo, Michigan, along River Street, with access to Interstate 94 identified in the property information. The reported capitalization rate is 5.25%.
Key Highlights
- 3,107‑square‑foot convenience store on 0.66 acres
- Absolute NNN lease with no landlord responsibilities
- Lease term runs from November 22, 2024 through December 31, 2040
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Speedway
Shops & Services
11,142 visits/mo
0.0 miles
Dollar General
Shops & Services
5,326 visits/mo
0.1 miles
7-Eleven
Shops & Services
4,453 visits/mo
0.1 miles
Citgo
Shops & Services
2,856 visits/mo
0.4 miles
Demographics for 49048, MI
25,067
Population
10,440
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
35.1 sq mi
ZIP Area
714
Density / Sq Mi
$62,160
Median Household Income
$36,150
Median Earnings
$1,032
Median Rent
$158,300
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 convenience retail asset with an absolute NNN lease and contractual annual rent increases.
Where is this nnn property located?
The property is located at 208 River Street Kalamazoo, MI.
What is the lease rate?
The lease rate is $6,482,206.
What are key features of this property?
This property features: 3,107‑square‑foot convenience store on 0.66 acres; Absolute NNN lease with no landlord responsibilities; Lease term runs from November 22, 2024 through December 31, 2040
