Best Buy
$3,782,563
1550 Orchard Lake Road, Keego Harbor, MI 48320
For Sale
Retail
Free Standing
Active
Last Updated: 09/10/2026
6.75
Cap Rate
255,323
NOI
Details:
Cap Rate: 6.75%
NOI: $255,323
Building Size: 30,038 sqft
Lot Area: 3.98 acres
Occupancy: 100%
Year Built: 2001
Zoning: Commercial
Tenancy: Single
Year Last Renovated: 2018
Highlights:
- Rare Absolute NNN Lease – No Landlord Responsibilities
- Long-term Occupancy / Recent Renewal
- Prime I-94 Freeway Visibility (57,000 VPD)
- Large Parcel / Extra Parking
- Strength Of Best Buy Credit
- Location Within The Benton Harbor Retail Market
Description:
Landmark Investment Sales is pleased to offer this rare absolute NNN Best Buy investment along I-94 (57,000 VPD) in Benton Harbor, MI. The tenant has operated successfully at this location for over 20 years and recently signed a new 5-year renewal at just $8.50 PSF, well below market rent, with two five-year options remaining. The property benefits from recent capital improvements (new roof, parking lot, and HVAC) and is directly adjacent to Walmart within a dominant retail corridor anchored by Lowe's, Meijer, and Home Depot.
Documents:
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152i_Best_Buy-Benton_Harbor__MI-OM.pdf
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Location
Gallery