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5431 W Main St | Kalamazoo, MI

Market Price

5431 West Main Street, Kalamazoo, MI 49009

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.

Map:
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