5431 W Main St | Kalamazoo, MI
Market Price
5431 West Main Street, Kalamazoo, MI 49009
For Sale
Retail
Restaurant
Active
Last Updated: 12/06/2024
6.24
Cap Rate
101,200.08
NOI
Details:
Cap Rate: 6.24%
NOI: $101,200.08
Building Size: 3,340 sqft
Lot Area: 1.01 acres
Year Built: 1986
Tenancy: Single
Lease Expire Year: 06/30/2035
Highlights:
- Cap Rate: 6.24%
- NOI: $101,200.08
- Lease End Date: 6/30/2035 (up to 4 renewals; 5 year terms)
Description:
5431 W Main Street in Kalamazoo, MI, is a well-positioned Burger King with excellent visibility in a bustling area of the city. This property is currently operated by a tenant with a strong presence, managing 25 restaurants across Ohio, Michigan, and Indiana. The site features a fully equipped kitchen, a comfortable dining area, and ample parking for customer convenience. Located on a main thoroughfare, the property benefits from steady traffic and easy access, presenting a prime opportunity for investors or operators looking to strengthen their foothold in the restaurant industry in a thriving market.
Location
Gallery
