544 8th Street, Holland, MI 49423 - DAR Commercial Real Estate

544 8th Street, Holland, MI 49423

Freestanding Drive Thru Restaurant For Sale

Retail

Asking Price $665,000

Property Description

Freestanding Drive Thru Restaurant For Sale

This 2,000 SF Drive Thru restaurant building is located in Holland, MI on 8th Street just north of US 31. 8th Street leads to the Hope College Campus and Holland’s vibrant downtown retail and restaurant district.

Current Tenant is Holy Smoker’s BBQ. Current NOI is $46,000 for a 7% Cap Rate. Lease is NNN. SEV is $265,300. First term lease expiration 5/31/2027 with renewal options.

Property Highlights

Drive-Thru
Freestanding building
7% Cap Rate
$46,000 NOI

Retail, Restaurant

0.95 Acres

Zoned:

County: Ottawa

Parcel ID # / APN 70-16-26-401-005

Listed By:

Dave Denton, CCIM

[email protected]

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