2703 Henry St Muskegon, MI 49441

Listing office SAB Show Phone

Listing date May 20, 2026

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Investment Insights

Based on property information with market context.

The property at 2703 Henry Street in Muskegon, Michigan, is a single-tenant, net-leased building occupied by Advance Auto Parts. The building has approximately 7,000 square feet of rentable area and is situated on a 0.68-acre parcel. Advance Auto Parts, a nationally recognized and publicly traded automotive aftermarket retailer, is the sole tenant. The tenant has operated at this location for 27 years. The current lease expires in May 2032, and includes two five-year renewal options with contractual rent increases of 19% and 8%, respectively. The current in-place rent is $9 per square foot.

Key Highlights

• Long‑term tenant: Advance Auto Parts has operated at this location for 27 years.
• Passive net lease: Lease extends to May 2032, providing stable, long‑term income.
• Renewal options: Two five‑year renewal options with contractual rent increases of 19% and 8%.

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FAQs

What type of property is this?

Auto shop - Single-tenant property leased to Advance Auto Parts until May 2032.

Where is this auto shop located?

The property is located at 2703 Henry St Muskegon, MI.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Long‑term tenant: Advance Auto Parts has operated at this location for 27 years.; Passive net lease: Lease extends to May 2032, providing stable, long‑term income.; Renewal options: Two five‑year renewal options with contractual rent increases of 19% and 8%.