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Caro, MI NNN Properties for Sale

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Mayville, MI Vassar, MI Kingston, MI
Freestanding Wendy’s Investment Property
Updated: Feb 4
Freestanding Wendy’s Investment Property

847 S State St, Caro, MI 48723

$2,021,000
2,414 sqft
Long‑term absolute net lease structure provides a passive income stream.
Appreciable rental rate increases offer potential for increased returns.
Located on the “Main Street” of Caro, a county‑seat community, ensuring high visibility and accessibility.
Operated by a large, established franchisee (60+ units, Wen‑Well National).
Healthy rent‑to‑sales ratio of approximately 7% indicates financial viability.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Caro, 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.

Saginaw Office Investment Opportunity
Saginaw Office Investment Opportunity

1040 N Towerline Rd, Saginaw, MI 48601

$1,077,720
14,519 sqft · 3.00 AC lot

Single tenant net lease office building in Saginaw, Michigan.

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Dollar General NNN Lease Property
Dollar General NNN Lease Property

3236 E Holland Rd, Saginaw, MI 48601

$1,471,750
9,026 sqft

NNN leased Dollar General with long-term strategic expansion potential.

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Dollar General NNN Investment Property
Dollar General NNN Investment Property

10600 East Rd, Burt, MI 48417

$1,285,457
9,026 sqft

NNN Dollar General in Burt, MI with 15-year lease.

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NNN Dollar General Investment Property
NNN Dollar General Investment Property

10600 E Rd, Burt, MI 48417

$1,285,457
9,026 sqft

NNN Dollar General in Burt, MI with long-term lease.

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Caro, MI Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Caro, MI on our real estate platform. These investment opportunities span a total of 2,414 square feet of properties for sale, with an estimated market value of $2,021,000.

Sale prices for triple net lease properties in Caro, MI start at $2,021,000, averaging $2,021,000, and reaching up to $2,021,000 — 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 12K
Population Growth (5Y) -0.6%
Median Household Income $56,618
College Educated 24.2%

High-Yield Neighborhoods for Investment

Identify Caro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48723 $2M

Taxes & Financing

Tax Rate (average for all types) 4.73%
Average Loan-to-Value 65.0%

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