Wendy's Restaurant For
For Sale
Contact for pricing
250 North River Avenue, Holland, MI 49423
Wendy's restaurant in Holland, MI, subject to a NNN lease.
Property Size2,991 SF
Lot Size0.80 Acres
Price / SF$540.08
Days on Market186
Property Features for 250 North River Avenue
General Information
Standard status
Active
Size
2,991 SF
Lot size
0.80 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Sale/Leaseback
Net Operating Income
$105,000
Building Details
Year Built
1980
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Kyle Gulock · License #CA 01861385
Source:
Crexi
Added: Feb 11
Changed: Aug 12
Last Checked: Aug 16 at 10:03AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This property features a Wendy's restaurant located at 250 North River Avenue, Holland, MI 49464. The building has approximately 2,991 rentable square feet of space and is situated on an estimated 0.8-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease, which will commence upon the close of escrow. The annual rent is $111,000, with scheduled increases of 1.50% annually. The property can be used as a drive-through restaurant, a standard restaurant, or retail space.
Key Highlights
- Brand new 20‑year Triple Net (NNN) lease, offering a long‑term, passive income stream.
- Established Wendy's location, a recognizable and reliable tenant.
- Annual rent of $111,000, providing immediate cash flow.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 49423, MI
46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Wendy's restaurant in Holland, MI, subject to a NNN lease.
Where is this drive through restaurant located?
The property is located at 250 North River Avenue Holland, MI.
What is the asking price?
The asking price for this property is $1,615,385.
What are key features of this property?
This property features: Brand new 20‑year Triple Net (NNN) lease, offering a long‑term, passive income stream.; Established Wendy's location, a recognizable and reliable tenant.; Annual rent of $111,000, providing immediate cash flow.
