Commercial Real Estate in Fruitport available for sale
Fruitport Drive Through Restaurants For Sale

Drive Through Restaurants for Sale within 10 kilometers of Fruitport, MI, USA

More details for 1171 E Sherman Blvd, Norton Shores, MI - Retail for Sale

Adjacent to 358 Bed Hospital | 5% Incr in Opt - 1171 E Sherman Blvd

Norton Shores, MI 49444

  • Drive Through Restaurant
  • Retail for Sale
  • $4,827,397 CAD
  • 14,750 SF

Norton Shores Retail for Sale - Muskegon Heights

We are pleased to market for sale the Walgreens property located at 1171 E Sherman Boulevard, Norton Shores, MI 49444 (the “Property”). Walgreens has 3 years of firm term remaining before the option periods. Walgreens operates under an absolute triple net lease, which provides for no landlord obligations whatsoever and calls for a 5% increase in the first four options. The Property is located along Sherman Boulevard, a primary east-west thoroughfare in the Muskegon area. It is located within a high-traffic commercial corridor and positioned less than a mile west of Westshore Plaza, a 959,000-square-foot retail center anchored by Sam’s Club, Walmart Supercenter, and Lowe’s. The Property is also located adjacent to the Trinity Health Muskegon Hospital Campus, a 358-bed full-service medical facility. Norton shores is positioned at the intersection US-31 and I-96 which provide strong connectivity to Grand Rapids and other regional hubs in the surrounding area. Nestled along Lake Michigan’s eastern shore, Norton Shores and neighboring Muskegon boast over 32 miles of scenic shoreline, state parks, and regional attractions like Michigan’s Adventure and the USS Silversides Submarine Museum. Listed in conjunction with Brian Brockman, Bang Realty - Michigan Inc, 513-898-1551, wg@bangrealty.com, MI DRE Lic. 6502428679.

Contact:

Pharma Property Group- Drugstore Specialists

Property Subtype:

Drug Store

Date on Market:

2025-04-29

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More details for 6645 S Harvey Rd, Spring Lake, MI - Land for Sale

6645 S Harvey Rd

Spring Lake, MI 49456

  • Drive Through Restaurant
  • Land for Sale
  • $516,742 CAD
  • 3.15 AC Lot
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Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease