Wingstop, Firehouse Subs and WellNow UC Retail Center

Highlights:

• New 2022 Construction – Fully Occupied Three-Tenant Retail Center
• Strong Tenants with Brand New 10-Year Leases, Strong Personal Guarantees, and Limited Landlord Responsibilities
• Drive-Thru Equipped Building
• Strong Access and Visibility on Heavily Traveled 11th Street in Niles
• Firehouse Subs and Wingstop Each Have Two, 5-Year Options with Rental Escalations Every 5 Years Throughout the Term and in Options
• WellNow Urgent Care – Original 10-Year Lease with 7.5 Years Remaining
• Limited Landlord Responsibilities – NN+ Lease Structure
• WellNow Urgent Care Operates Over 220 Locations Across New York, Illinois, Ohio, Wisconsin, Indiana, Pennsylvania, and Michigan, Bringing Accessible and High-Quality Healthcare to Communities
• Wingstop Has Over 2,279+ Locations in 11 Countries, Including the U.S., Canada, and the United Kingdom
• Firehouse Subs Has Over 1,250 Locations Across the U.S., Puerto Rico, Canada, and Switzerland
• Surrounding Tenants Include McDonald’s, Dunkin’, Arby’s, Wendy’s, Taco Bell, KFC, Burger King, and More
• Population Exceeds 40,850 Residents Within a Five-Mile Radius

Description:

7,800 SF building
3 units
Built in 2022
Zoned RC
Located in Niles
100% occupancy

Niles, MI, invites visitors with its charming downtown area, filled with quaint shops, local eateries, and a welcoming community atmosphere. Positioned near the bustling intersection of 933 and 11th Street, the area is a hive of commercial activity, drawing in a steady stream of foot traffic. The Niles Riverfront Park offers a picturesque backdrop for leisurely strolls, while the nearby Wonderland Cinema provides entertainment for locals and visitors alike. With its proximity to major highways and neighboring cities, Niles presents an opportune location for retail businesses seeking a vibrant, accessible setting to establish themselves and thrive.