Listings
Track Record
Services
The Team
The Nlag Advantage
Contact
Allendale, MI (Grand Rapids MSA) 49401
Arby's
Property Address
5187 Lake Michigan Drive, Allendale, MI, USA
Offering Summary
Price:
$2,378,000
Lot Size:
0.79 Acres
Cap Rate:
5.75%
Year Built:
2018
Building SF:
2,109
Status:
Available
Download Brochure
Submit Offer
Download
Marketing Package
First Name
Last Name
Email
Phone
Company
Title
Yes, I want to sign up for NLAG email updates
What is your role in the industry?
Principal
Broker
12 Years Remaining on NNN Lease with Corporate Arby’s Guarantee
10% Rental Increases Every Five Years with Multiple Renewal Options
Situated within the Grand Rapids MSA with Over 47,000 Residents within Five Miles
Newer 2018 Construction with a Drive-Thru
One Mile from Grand Valley State University, the Largest University in the Grand Rapids MSA with More Than 21,000 Students
Excellent Frontage Along Lake Michigan Drive (±31,400 Cars per Day), Allendale’s Primary Thoroughfare Providing a Direct Route into Grand Rapids
Surrounded by National Retailers: ALDI, Goodwill, McDonald’s, O’Reilly Auto Parts, etc.
Average Household Income Exceeds $98,000 within a Five-Mile Radius
Broker Information
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
View All Listings