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Admiral Petroleum Gas Station
New
For Sale
$2,906,834

6781 Lake Michigan Dr, Allendale, MI 49401

The Allendale property is offered individually or as part of a multi-property portfolio.

Property Size2,400 SF
Price / SF$1,211
Days on Market3

Property Features for 6781 Lake Michigan Dr

General Information

Standard status Active
Size 2,400 SF
Property subtype Auto Service - Gas-Conv
Lease Type NNN

Amenities

Long Term Lease | Current Term Runs Through May 2036
Four, Five-Year Renewal Options
Built-In Annual Rent Increases
Can be Purchased as an Individual Property or as Part of a Portfolio

Building Details

Building Size 2,400 SF
Listed By: Timothy Nichols · License #License(s): IL: 475.159619
Source: Marcusmillichap
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:47AM

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 Timothy Nichols

Investment Insights

Based on property information with market context.

Located at 6781 Lake Michigan Dr in Allendale, this gas station is identified with the Admiral Petroleum portfolio. The portfolio includes 30 properties: 29 in Michigan and one in Indiana. Acquisition options include purchasing this property on its own or acquiring the portfolio as a whole.

Key Highlights

  • Part of a 30‑property portfolio: 29 assets in Michigan and one in Indiana
  • Available for individual acquisition or as part of the complete portfolio

Property Analytics

Current Use

Admiral Petroleum Co Gas Station Western Union Bank

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 89% Shops & Services 11%
Little Caesars Pizza Dining
2,880 visits/mo 0.5 miles
Marathon Shops & Services
355 visits/mo 0.0 miles

Demographics for 49401, MI

29,598
Population
9,083
Households
3.3
Avg Household Size
24
Median Age
41%
College-Educated
98%
High-School Grad
31.9 sq mi
ZIP Area
928
Density / Sq Mi
$73,020
Median Household Income
$16,175
Median Earnings
$1,083
Median Rent
$298,700
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
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Frequently Asked Questions

What type of property is this?
Gas station - The Allendale property is offered individually or as part of a multi-property portfolio.
Where is this gas station located?
The property is located at 6781 Lake Michigan Dr Allendale, MI.
What is the asking price?
The asking price for this property is $2,906,834.
What are key features of this property?
This property features: Part of a 30‑property portfolio: 29 assets in Michigan and one in Indiana; Available for individual acquisition or as part of the complete portfolio
More about this property
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