NNN Property with
For Sale
Contact for pricing
445 E Chicago St, Coldwater, MI 49036
Extended lease structure combines personal and corporate guaranties with no landlord responsibilities.
Property SizeContact for details
Days on Market143
Property Features for 445 E Chicago St
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$87,000
Additional Details
Traffic Count
28,000 vehicles/day
Listing Agency:
Brookwood Capital Advisors - Hamd
Listed By:
Ben Hamd · License #VA 02260227550
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 7:31AM
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 Brookwood Capital Advisors - Hamd
Investment Insights
Based on property information with market context.
This NNN property is supported by a 20-year lease extension and includes both a personal guaranty and a corporate guaranty from an established franchisee. The lease structure assigns no landlord responsibilities, providing a clearly defined ownership framework.
The tenant operates 11 locations and reports a $20M personal financial statement, while the property is positioned along E Chicago St in Coldwater, Michigan. Traffic exposure is reported at 28K vehicles per day.
The tenant operates 11 locations and reports a $20M personal financial statement, while the property is positioned along E Chicago St in Coldwater, Michigan. Traffic exposure is reported at 28K vehicles per day.
Key Highlights
- 20 Year NNN Extension
- Personal and corporate guaranties from the franchisee
- No landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
28,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
178k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 18%
Apparel 4%
Hotels & Casinos 1%
McDonald's
Dining
30,323 visits/mo
0.1 miles
Culver's
Dining
22,381 visits/mo
0.2 miles
Taco Bell
Dining
21,164 visits/mo
0.5 miles
Citgo
Shops & Services
15,092 visits/mo
0.4 miles
Burger King
Dining
11,197 visits/mo
0.1 miles
Demographics for 49036, MI
24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
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?
NNN property - Extended lease structure combines personal and corporate guaranties with no landlord responsibilities.
Where is this nnn property located?
The property is located at 445 E Chicago St Coldwater, MI.
What are key features of this property?
This property features: 20 Year NNN Extension; Personal and corporate guaranties from the franchisee; No landlord responsibilities
