Kalamazoo Retail for Sale - Southern Kalamazoo County

Surmount is pleased to present the exclusive listing for a Wendy's located at 3805 Covington Rd, Kalamazoo, MI 49001. The site consists of roughly 3,324 rentable square feet of building space on an estimated 1.34-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $121,000 and has scheduled increases of lesser of change in CPI or 1.50% annually.

Property Subtype:

Fast Food

Date on Market:

2025-10-16

Kalamazoo Office for Sale - NE Kalamazoo County

WellNow Urgent Care +/- 8,000 SF fee simple condo.

Property Subtype:

Medical

Date on Market:

2025-06-30

Portage Office for Sale - Southern Kalamazoo County

INVESTMENT PROPERTY FOR SALE: Multi-tenanted medical office building. 18,880 SF two-story medical office building with an additional 9,280 SF basement space for training and storage on 2.241 acres in North Portage. Anchored by long-time tenant Advanced Dermatology, which occupies the entire first floor. The second floor is a mix of medical and office tenants. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport. Offered at an 8.4% cap rate. Rent roll and P&L subject to qualified buyers and NDA.

Property Subtype:

Medical

Date on Market:

2025-06-25

Marshall Retail for Sale - Eastern Calhoun County

Investment triple net lease property for sale with corporate guarantee.

Property Subtype:

Funeral Home

Date on Market:

2025-06-04

Bellevue Retail for Sale - Outlying Eaton County

Property Subtype:

Funeral Home

Date on Market:

2025-06-04

Parchment Retail for Sale - NE Kalamazoo County

NNN Pro is pleased to present the exclusive listing for a Dollar General located at 530 South Riverview Drive, Parchment, MI 49004. The site consists of roughly 9,578 rentable square feet of building space on an estimated 1.17-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 6/14/2014. The current annual rent is $104,400 and has scheduled increases in options.

Property Subtype:

Freestanding

Date on Market:

2025-02-03

Kalamazoo Retail for Sale - Central Kalamazoo

We are pleased to present the Walgreens property located at 760 W Michigan Ave, Kalamazoo, MI 49007 ('"The Property"') for sale. Walgreens relocated to this site in 2014, constructing a new prototype store in a high-barrier-to-entry market. The Property offers a firm lease term with approximately 9 years remaining and eleven (5-year) renewal options. Leased on an absolute triple-net (NNN) basis, this investment guarantees no landlord responsibilities, providing a truly passive ownership experience. Strategically located in the heart of Kalamazoo, the Property is less than half a mile from one of the city’s most significant upcoming projects, the Kalamazoo Event Center. This $300 million development, which broke ground in November of 2024, will feature a 320,000-square-foot facility designed to host over 230 events annually, including sporting events, concerts, and community gatherings. Once completed, it is projected to attract 548,000 visitors per year and contribute approximately $54 million to the local economy. The event center will also serve as the future home for Western Michigan University’s hockey, men's and women's basketball teams, as well as the Kalamazoo Wings hockey team, making it a major attraction for both residents and visitors. The Property is located at the intersection of Michigan Avenue and Main Street, off two major thoroughfares with ±42,000 vehicles passing daily. This high-traffic area provides direct access to Western Michigan University, which serves approximately ±22,500 students, and major employers such as Pfizer, a global pharmaceutical leader, Stryker, a Fortune 500 medical technology company, and Zoetis, the world’s largest producer of medicine and vaccinations for pets and livestock. Listed in conjunction with Matthew Callander, Callander Commercial, 269.349.1000, mcallander@ccmichigan.com, MI DRE Lic. 6505341805

Property Subtype:

Drug Store

Date on Market:

2024-10-29

Sunfield Retail for Sale - Outlying Eaton County

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, newly-built, corporate guaranteed, Dollar General investment property located in Sunfield, MI (Lansing MSA). The tenant, Dolgencorp, LLC, recently signed a brand new 15-year lease with 5 (5-year) option periods to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity (NYSE: DG | S&P: BBB), and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Dollar General is a nationally recognized and established discount store with over 19,000 stores in operation. The building, which is slated to open in July 2023, will feature a state-of-the-art design using the highest quality materials available.

Property Subtype:

Freestanding

Date on Market:

2023-05-18