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Single-Tenant NNN Retail Property
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323 S 11th St, Niles, MI 49120

Occupied by NAPA Auto Parts under an absolute NNN lease with renewal options and annual rent increases.

Property SizeContact for details
Days on Market143

Property Features for 323 S 11th St

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 20,000 vehicles/day
Road Access Yes

Building Details

Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:49PM

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 JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

This single-tenant commercial property is occupied by NAPA Auto Parts and is offered with an absolute NNN lease structure. The lease has an approximately 18-year term, includes 1% annual rent bumps, and provides four 5-year renewal options.

The property is located at 323 S 11th St in Niles, Michigan, along South 11th Street, also designated M-51. The site benefits from exposure to more than 20,000 vehicles per day, placing the asset on an established transportation corridor.

Key Highlights

  • Single‑tenant property occupied by NAPA Auto Parts
  • Absolute NNN lease with a ±18‑year term
  • 1% annual rent bumps

Property Analytics

Current Use

NAPA Auto Parts ... Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Hair Salon Skin Care Clinic

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

20,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

554
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 37% Shops & Services 29% Dining 15% Home Improvements & Furnishings 10%
Martin's Super Markets Groceries
41,440 visits/mo 0.4 miles
Drive & Shine Car Wash Shops & Services
13,467 visits/mo 0.2 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
11,211 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
7,999 visits/mo 0.1 miles
Hardee's Dining
7,932 visits/mo 0.4 miles

Demographics for 49120, MI

37,076
Population
15,581
Households
2.4
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
116.5 sq mi
ZIP Area
318
Density / Sq Mi
$61,940
Median Household Income
$38,779
Median Earnings
$911
Median Rent
$166,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Occupied by NAPA Auto Parts under an absolute NNN lease with renewal options and annual rent increases.
Where is this nnn property located?
The property is located at 323 S 11th St Niles, MI.
What are key features of this property?
This property features: Single‑tenant property occupied by NAPA Auto Parts; Absolute NNN lease with a ±18‑year term; 1% annual rent bumps
More about this property
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