Building Details

Building Size 3,359 SF

Listing Agency: Fortis Net Lease

Listed By: Robert Bender · License #6501323470 Show Phone

Source: Cpix.resimplifi

Added: Aug 12 Changed: Oct 1 Last Checked: Oct 5 at 3:18PM

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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

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Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility Dental Office Electrical Service HVAC Service

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

276

Businesses Nearby

830

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

Fastenal Home Improvements & Furnishings

830 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

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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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