5530 Harvey StNorton Shores, MI 49444

This exceptional investment opportunity presents a 1,763-square-foot, freestanding Take 5 Oil Change located at 5530 Harvey St, Muskegon, MI 49444. Built in 2024, this property sits on a one-acre lot and benefits from a 15-year absolute NNN lease with a prominent location as a main outparcel to The Lakes Mall. The lease includes 7.5% rent bumps every five years, extending through eight five-year option periods. The property boasts excellent visibility and accessibility, with direct ingress/egress from Harvey Street, which sees 22,875 vehicles per day. The Lakes Mall, a 645,000-square-foot regional mall, attracts 3.2 million annual visitors, placing it in the 90th percentile of Michigan malls. The strong tenant, an experienced Take 5 operator, further enhances the investment's stability. The asking price is $2,140,000, representing a 6.50% cap rate and a net operating income (NOI) of $139,125. This is a truly hands-off investment with zero maintenance or expense obligations for the landlord. The property's construction adheres to the tenant's latest prototype, ensuring modern and efficient operations.