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    Profitable Auto Shop Investment Opportunity
    Updated: Mar 10, 2024
    Profitable Auto Shop Investment Opportunity

    291 12th St, Plainwell, MI 49080

    $1,575,000
    12,480 sqft
    Corporate Guarantee from The Boyd Group (Gerber - 700 locations)
    NNN Lease with limited landlord responsibilities (passive investment)
    High volume store
    Only nationally recognized collision brand in the Plainwell market
    Increasing rent: $94,500/yr now, $99,228/yr in 7/2025 (6.45 average cap rate)
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    This listing looks promising.

    Here's a quick look at some key insights for

    291 12th St, Plainwell, MI 49080

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $130K
      Annual

    • Price @ 7% Cap

      $1.85M
      Above asking

    • Property Type

      Auto Repair, Garage
      Built 1998
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Allegan County, MI, we suggest exploring several alternatives:

    Allegan County, MI Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Allegan County, MI on our real estate platform. These investment opportunities span a total of 12,480 square feet of properties for sale, with an estimated market value of $1,575,000.

    Sale prices for triple net lease properties in Allegan County, MI average $1,575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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