261 South State Street, Zeeland, MI 49464
Freestanding Burger King property subject to a long-term NNN lease with scheduled annual increases.
Property Features for 261 South State Street
General Information
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Investment Insights
Based on property information with market context.
A 20-year NNN lease commenced on 8/30/2024, providing a defined lease term for the property. Contractual rent increases of 2.00% annually begin in 2030. The asset combines an operating restaurant facility with a long-term lease structure and an established national brand occupant.
Key Highlights
- Approximately 1,760 rentable square feet of building space
- Estimated 1.56‑acre parcel
- 20‑year Triple Net (NNN) lease commenced 8/30/2024
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 49464, MI
Market
Vacancy Rate% for Retail in Midwest region