Freestanding Drive-Through
For Sale
Contact for pricing
2730 W Michigan Ave, Kalamazoo, MI 49006
The property is leased on an absolute NNN basis with renewal options and seven years remaining in the primary term.
Property Size2,383 SF
Days on Market142
Property Features for 2730 W Michigan Ave
General Information
Standard status
Active
Size
2,383 SF
Property subtype
Retail
Net Operating Income
$51,324
Site & Location
Drive-Thru
Yes
Traffic Count
20,674 vehicles/day
Additional Details
Cap Rate
5.7%
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 1:52PM
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 2,383 SF freestanding restaurant includes a drive-through and is subject to an absolute NNN lease, placing landlord responsibilities with the tenant. The primary lease term has 7 years remaining, includes 2.50% annual rent escalations, and provides renewal options. Both co-owners personally guarantee the lease.
The building was occupied following a 2019 relocation from across Michigan Ave. Its Kalamazoo setting places the restaurant near Western Michigan University and along Michigan Ave, which records 20,674 cars per day. The campus has more than 22,000 students, providing a substantial nearby population for the existing restaurant use.
The building was occupied following a 2019 relocation from across Michigan Ave. Its Kalamazoo setting places the restaurant near Western Michigan University and along Michigan Ave, which records 20,674 cars per day. The campus has more than 22,000 students, providing a substantial nearby population for the existing restaurant use.
Key Highlights
- 2,383 SF freestanding drive‑through restaurant
- Absolute NNN lease with 7 years remaining in the primary term
- 2.50% annual rent escalation and renewal options
Property Analytics
Property Profile
Current Use
Lease Details
20,674 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 24%
Insomnia Cookies
Dining
4,567 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
3,307 visits/mo
0.4 miles
America's Best Wings
Dining
2,148 visits/mo
0.1 miles
Domino's Pizza
Dining
1,917 visits/mo
0.1 miles
D.P. Dough
Dining
1,803 visits/mo
0.1 miles
Demographics for 49006, MI
25,119
Population
12,093
Households
2.1
Avg Household Size
27
Median Age
44%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
4,187
Density / Sq Mi
$45,617
Median Household Income
$18,710
Median Earnings
$991
Median Rent
$198,000
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?
Drive through restaurant - The property is leased on an absolute NNN basis with renewal options and seven years remaining in the primary term.
Where is this drive through restaurant located?
The property is located at 2730 W Michigan Ave Kalamazoo, MI.
What are key features of this property?
This property features: 2,383 SF freestanding drive‑through restaurant; Absolute NNN lease with 7 years remaining in the primary term; 2.50% annual rent escalation and renewal options
