Single-Tenant Retail
6540 Centers Dr Holland, OH 43528
For Sale
Contact for pricing
Newly renovated Mattress Firm in a corporate net lease with long-term term remaining and scheduled 10% rental increases.
Property Size3,562 SF
Lot Size1.05 Acres
Price / SF$700.45
Days on Market177
Property Features for 6540 Centers Dr
General Information
- Standard status
- Active
- Size
- 3,562 SF
- Lot size
- 1.05 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1995
Listing Agency:
Pegasus Investments
(310) 969-1135
Listed By:
David Chasin · License #CA 01513027
Source:
Crexi
Added: Jan 27
Changed: Jul 23
Last Checked: Jul 23 at 12:33PM
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 Pegasus Investments
Investment Insights
Based on property information with market context.
Fee simple opportunity to acquire a newly renovated, single-tenant Mattress Firm storefront in Holland, Ohio, completed in 2024 and repositioned into a modern Mattress Firm prototype. The property is secured by a long-term corporate net lease, with 10 years remaining on the initial 12-year term, plus two (2) five-year renewal options. Rental increases are scheduled at 10% every five years.
The site sits on a 1.05-acre parcel and includes parking at a ratio of 14.32 spaces per 1,000 square feet. Positioned as an outparcel to the institutionally owned Spring Meadows Place, the location is in a regional retail destination anchored by Target, Best Buy, Dick’s Sporting Goods, HomeGoods, and TJ Maxx, and is shadow-anchored by Sam’s Club and Walmart Supercenter.
Immediate interstate access is highlighted by adjacency to the interchange of I-475 and Airport Highway, supporting convenient connectivity to the Toledo MSA retail corridor.
The site sits on a 1.05-acre parcel and includes parking at a ratio of 14.32 spaces per 1,000 square feet. Positioned as an outparcel to the institutionally owned Spring Meadows Place, the location is in a regional retail destination anchored by Target, Best Buy, Dick’s Sporting Goods, HomeGoods, and TJ Maxx, and is shadow-anchored by Sam’s Club and Walmart Supercenter.
Immediate interstate access is highlighted by adjacency to the interchange of I-475 and Airport Highway, supporting convenient connectivity to the Toledo MSA retail corridor.
Key Highlights
- Single‑tenant Mattress Firm on a corporate net lease with 10 years remaining on the initial 12‑year term
- Two (2) five‑year renewal options plus scheduled 10% rental increases every five years
- Completely renovated in 2024 and repositioned into a Mattress Firm modern prototype retail building
Property Analytics
Location Intelligence
Current Use by Public Records
Mattress Firm Holland
Furniture & Home Goods
天马迅达ExpressToChina
Logistics Company
Similar Off Market Nearby
- Kroger Floral — Holland, OH 43528
- Sam's Club Floral — 1300 E Mall Dr, Holland, OH 43528
FAQs
What type of property is this?
Storefront property - Newly renovated Mattress Firm in a corporate net lease with long-term term remaining and scheduled 10% rental increases.
Where is this storefront property located?
The property is located at 6540 Centers Dr Holland, OH.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Single‑tenant Mattress Firm on a corporate net lease with 10 years remaining on the initial 12‑year term; Two (2) five‑year renewal options plus scheduled 10% rental increases every five years; Completely renovated in 2024 and repositioned into a Mattress Firm modern prototype retail building