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NNN-Leased Convenience Store

288 E Huron Avenue, Vassar, MI 48768

For Sale
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A 7-Eleven-operated fuel and retail site carries a lease with scheduled rent increases and renewal options.

Property Size2,559 SF
Lot Size1.17 Acres
Price / SF$1,318
Days on Market33

Property Features for 288 E Huron Avenue

General Information

Standard status Active
Size 2,559 SF
Lot size 1.17 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $177,128

Site & Location

Traffic Count 10,300 vehicles/day
Road Access Yes

Automotive

Automotive Uses fuel station
Convenience Store Yes
Fuel Brand Speedway

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants 7-Eleven, Inc.
Real Estate Included Yes

Additional Details

Cap Rate 5.25%

Building Details

Year Built 1998
Buildings 1
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Brian Pfohl · License GA #349355
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 3:16PM

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 CBRE - Atlanta

Rey
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Investment Insights

Based on property information with market context.

This NNN-leased convenience store occupies a 1.17-acre site and includes a 2,559-square-foot building constructed in 1998. 7-Eleven, Inc. is the tenant, with the lease extending through December 31, 2040 and approximately 14.2 years remaining. Annual rent increases are set at 1.04%, with the next adjustment scheduled for January 1, 2028; the lease also includes five additional five-year renewal options.

The property is at 288 E Huron Avenue in Vassar, Michigan. Reported daily traffic counts range from approximately 8,802 to 10,300 vehicles.

Key Highlights

  • Leased to 7‑Eleven, Inc.
  • 2,559 SF building on a 1.17‑acre site
  • Lease runs through 12/31/2040, with approximately 14.2 years remaining

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Speedway Gas Station PNC Bank ATM Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Dental Office Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,300 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 48768, MI

9,648
Population
4,146
Households
2.3
Avg Household Size
43
Median Age
17%
College-Educated
92%
High-School Grad
105.9 sq mi
ZIP Area
91
Density / Sq Mi
$63,363
Median Household Income
$36,460
Median Earnings
$719
Median Rent
$137,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - A 7-Eleven-operated fuel and retail site carries a lease with scheduled rent increases and renewal options.
Where is this nnn property located?
The property is located at 288 E Huron Avenue Vassar, MI.
What is the asking price?
The asking price for this property is $3,373,858.
What are key features of this property?
This property features: Leased to 7‑Eleven, Inc.; 2,559 SF building on a 1.17‑acre site; Lease runs through 12/31/2040, with approximately 14.2 years remaining
(404) 504-7893 Call to check price and availability
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