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    Allendale, MI
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    Allendale, MI NNN Properties for Sale

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    Arby’s NNN Restaurant Property
    Updated: Oct 4
    Arby’s NNN Restaurant Property

    5187 Lake Michigan Dr, Allendale, MI 49401

    $2,378,000
    2,109 sqft
    2,109‑square‑foot Arby’s restaurant
    Absolute NNN lease
    Lease guarantee from RTM Operating Company, LLC, an Inspire Brands subsidiary
    Located in Allendale, within the Grand Rapids metropolitan area
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    Drive-Through NNN Restaurant Property
    Updated: Sep 30
    Drive-Through NNN Restaurant Property

    5181 Lake Michigan Dr, Allendale, MI 49401

    Contact for pricing
    2,109 sqft
    2,109‑square‑foot restaurant building constructed in 2018
    Drive‑through included
    12 years remaining on NNN lease, backed by a corporate Arby’s guarantee
    Rent increases 10% every five years, with multiple renewal options
    More than 47,000 residents within five miles in the Grand Rapids MSA
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Allendale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Panera Bread Drive-Through Restaurant
    Panera Bread Drive-Through Restaurant

    5510 Clyde Park Ave SW, Wyoming, MI 49509

    $3,000,000
    4,500 sqft 1.00 AC lot

    A freestanding restaurant is offered with a new NNN lease and multiple renewal options.

    View details
    Single-Tenant Flex Space
    Single-Tenant Flex Space

    1694 Gezon Pkwy SW, Wyoming, MI 49519

    $2,404,000
    25,000 sqft

    Fully leased industrial property with NNN lease structure and an established occupancy history.

    View details
    Burger King Drive-Through Restaurant
    Burger King Drive-Through Restaurant

    261 South State Street, Zeeland, MI 49464

    Contact for pricing
    1,760 sqft 1.56 AC lot

    Freestanding Burger King property subject to a long-term NNN lease with scheduled annual increases.

    View details
    Single-Tenant Dialysis Clinic
    Single-Tenant Dialysis Clinic

    2 Royal Park Drive, Zeeland, MI 49464

    Contact for pricing

    The clinic is fully occupied under an absolute NNN lease guaranteed by Fresenius Medical Care Holdings, Inc.

    View details

    Allendale, MI Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Allendale, MI on our real estate platform. These investment opportunities span a total of 4,218 square feet of properties for sale, with an estimated market value of $2,378,000.

    Sale prices for triple net lease properties in Allendale, MI average $2,378,000 — 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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    Demographics Overview

    Population 29K
    Population Growth (5Y) +19.2%
    Median Household Income $73,020
    College Educated 52.3%

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Property Tax per SF $78.35 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ottawa County

    New Delisted

    Total CRE Inventory on Market (SF)

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