Triple Net Multi-Unit Retail
For Sale
$725,000
2655 Meridian Road, Sanford, MI 48657
Eight-unit triple net retail building with 7 units occupied, positioned across from McDonald's with straightforward highway access.
Property Size10,064 SF
Price / SF$72.04
Days on Market90
Property Features for 2655 Meridian Road
General Information
Standard status
Active
Size
10,064 SF
Property subtype
General Commercial
Occupancy
88%
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$9,104
Amenities
3
200x175
Building Details
Tenancy
Multi
Listing Agency:
Modern Realty
(989) 486-9770
Listed By:
Bryan Gardner · License #MBR-6501360137
Source:
Xome
Added: May 27
Changed: Aug 23
Last Checked: Aug 23 at 7:29AM
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 Modern Realty
Investment Insights
Based on property information with market context.
This triple net leased, eight-unit commercial building is designed for multi-tenant occupancy. According to the current information provided, 7 of the 8 units are occupied, with the remaining unit available, offering an investor the prospect of stabilizing the full building through leasing activity. The property’s specialized ownership structure aligns with tenants and businesses that prefer a managed, operating-expense model consistent with triple net arrangements.
The building is located at 2655 N Meridian Rd in the Jerome Township area of Midland, MI. Public remarks describe a high-visibility setting along M-30 and Highway 10, directly across from McDonald’s, and just seconds from the highway interchange, supporting easy vehicular access for day-to-day customers.
For buyers seeking a multi-unit retail asset under a triple net structure, the current occupancy profile provides an immediate base of tenant demand while leaving room to address the vacant unit. Tenants and operators considering space in this building benefit from its visibility on two major routes and convenient proximity to the interchange.
The building is located at 2655 N Meridian Rd in the Jerome Township area of Midland, MI. Public remarks describe a high-visibility setting along M-30 and Highway 10, directly across from McDonald’s, and just seconds from the highway interchange, supporting easy vehicular access for day-to-day customers.
For buyers seeking a multi-unit retail asset under a triple net structure, the current occupancy profile provides an immediate base of tenant demand while leaving room to address the vacant unit. Tenants and operators considering space in this building benefit from its visibility on two major routes and convenient proximity to the interchange.
Key Highlights
- 8‑unit triple net leased commercial retail building
- 7 of 8 units currently occupied
- Located directly across from McDonald's
Property Analytics
Property Profile
Current Use
Lease Details
87.5%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 48657, MI
7,686
Population
3,460
Households
2.2
Avg Household Size
49
Median Age
26%
College-Educated
93%
High-School Grad
61.7 sq mi
ZIP Area
125
Density / Sq Mi
$74,964
Median Household Income
$46,607
Median Earnings
$948
Median Rent
$171,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Eight-unit triple net retail building with 7 units occupied, positioned across from McDonald's with straightforward highway access.
Where is this nnn property located?
The property is located at 2655 Meridian Road Sanford, MI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 8‑unit triple net leased commercial retail building; 7 of 8 units currently occupied; Located directly across from McDonald's
