Saltgrass Steak House GL | South Bend MSA - 5126 N Main St

Mishawaka, IN 46545

• NNN Property
• Retail for Sale
• $3,291,859 CAD
• 6,490 SF

• Restaurant

Mishawaka Retail for Sale

Saltgrass Steak House is an American steakhouse chain owned by Landry's, Inc., known for its chargrilled Certified Angus Beef steaks, chicken, and seafood. Founded in Houston, Texas, the company operates 96 locations and counting across 14 states. Mishawaka is located on the St. Joseph River in northern Indiana, adjacent to the city of South Bend. Mishawaka, known as “the Princess City,” is a growing commercial city home to a growing population, major business expansion, and record-breaking new construction.

Contact:

Marcus & Millichap

Property Subtype:

Restaurant

Date on Market:

2025-11-21

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1420 Main st

Niles, MI 49120

• NNN Property
• Retail for Sale
• $2,381,384 CAD
• 10,640 SF

Niles Retail for Sale

Fortis Net Lease is pleased to present this 10,640 SF. Dollar General Plus store located in Niles, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rent increases every 5 years including at each of the 5 (5 year) options to renew! The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store completed construction & successfully opened for business in October 2023. This Dollar General is highly visible as it is strategically positioned on E Main Street which sees 11,101 cars per day. The 5 mile population from the site is 34,114 while the 1 mile average household income is $55,911 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top small box discount retailer. List price reflects a 6.55% cap rate based on NOI of $113,389.32.

Contact:

Fortis Net Lease

Property Subtype:

Convenience

Date on Market:

2025-10-30

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Wendy's - 3805 S Sprinkle Rd

Kalamazoo, MI 49001

• NNN Property
• Retail for Sale
• $2,774,167 CAD
• 3,324 SF

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.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2025-10-16

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1845 Hemlock Ct

Goshen, IN 46528

• NNN Property
• Industrial for Sale
• $1,636,988 CAD
• 20,000 SF

Goshen Industrial for Sale - Outlying Elkhart County

Currently Under Lease through May 2027 For $6768/ Mo NNN

Contact:

Hahn Auctioneers, Inc.

Property Subtype:

Warehouse

Date on Market:

2025-08-15

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6100 Newport Rd

Portage, MI 49002

• NNN Property
• Office for Sale
• $2,242,261 CAD
• 18,896 SF

• Air Conditioning
• Controlled Access

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.

Contact:

NAI Wisinski of West Michigan - Kalamazoo Office

Property Subtype:

Medical

Date on Market:

2025-06-25

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Dollar General - 8919 E Black Point Rd

Syracuse, IN 46567

• NNN Property
• Retail for Sale
• $1,680,222 CAD
• 9,100 SF

Syracuse Retail for Sale

The Klink Group of Marcus & Millichap is pleased to present for sale a portfolio of 5 premium location Dollar General stores located in Florida, South Carolina and Indiana. This offering presents a stable, income-producing investment backed by long-term, absolute triple-net (NNN) leases with Dollar General Corporation, a Fortune 500 company with an investment-grade credit rating (S&P: BBB). The package consists of exceptionally strong real estate sites with very dense demographics located in growing cities within primarily southern markets. The portfolio is priced at $7.9 million with a combined annual net operating income (NOI) of $515,247, offering a blended cap rate of over 6.5%+. The properties have firm term leases remaining that average 9.2 years, with four 5-year renewal options, each featuring 10% rental increases, providing inflation hedge and built-in income growth.

Contact:

Marcus & Millichap

Property Subtype:

Freestanding

Date on Market:

2025-04-01

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Relocation Site Newer Prototype Store - 760 W Michigan Ave

Kalamazoo, MI 49007

• NNN Property
• Retail for Sale
• $5,731,749 CAD
• 14,550 SF

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

Contact:

Pharma Property Group- Drugstore Specialists

Property Subtype:

Drug Store

Date on Market:

2024-10-29

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