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Freestanding Burger King NNN Property
New
For Sale
$1,761,357

997 W Sharon Ave, Houghton, MI 49931

Quick-service restaurant leased on an NNN structure with B-3 zoning.

Property Size3,359 SF
Price / SF$524.37
Days on Market5

Property Features for 997 W Sharon Ave

General Information

Standard status Active
Size 3,359 SF
Property subtype Retail
Zoning B-3

Building Details

Building Size 3,359 SF
Listing Agency: Fortis Net Lease
Listed By: Robert Bender · License #6501323470
Source: Cpix.resimplifi
Added: Aug 12 Changed: Aug 15 Last Checked: Aug 16 at 3:05AM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This freestanding Burger King occupies a 3,359-square-foot building on a 0.77-acre parcel at 997 W Sharon Ave in Houghton, Michigan. The property is subject to a 19-year NNN lease, with the tenant responsible for taxes, insurance, and maintenance. B-3 zoning is also identified for the site.

The property is positioned along a retail corridor within Houghton’s primary commercial area, with access and visibility cited as key site characteristics. The surrounding trade area includes residential neighborhoods and educational institutions, while regional activity contributes to ongoing traffic in the area. The building’s standalone format and established quick-service restaurant use are paired with a long-term net lease structure.

Key Highlights

  • Freestanding 3,359 SF Burger King building
  • 0.77‑acre parcel at 997 W Sharon Ave, Houghton, MI 49931
  • 19‑year NNN lease structure

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Dental Office Hair Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Nail Salon Building Supply

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

409
Businesses Nearby
198k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Superstores 29% Shops & Services 18% Apparel 3%
Walmart Superstores
58,321 visits/mo 0.5 miles
McDonald's Dining
24,921 visits/mo 0.2 miles
Taco Bell Dining
19,809 visits/mo 0.1 miles
Culver's Dining
16,006 visits/mo 0.1 miles
Murphy USA Shops & Services
15,569 visits/mo 0.4 miles

Demographics for 49931, MI

10,307
Population
3,490
Households
3
Avg Household Size
25
Median Age
60%
College-Educated
95%
High-School Grad
26.4 sq mi
ZIP Area
390
Density / Sq Mi
$47,279
Median Household Income
$10,579
Median Earnings
$853
Median Rent
$221,200
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?
NNN property - Quick-service restaurant leased on an NNN structure with B-3 zoning.
Where is this nnn property located?
The property is located at 997 W Sharon Ave Houghton, MI.
What is the asking price?
The asking price for this property is $1,761,357.
What are key features of this property?
This property features: Freestanding 3,359 SF Burger King building; 0.77‑acre parcel at 997 W Sharon Ave, Houghton, MI 49931; 19‑year NNN lease structure
More about this property
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