Shopping Center - NNN Net Lease Property for Sale

About This Shopping Center Net Lease Property

This Shopping Center NNN (triple net lease) property is located in Grand Rapids, MI and represents an excellent investment opportunity for commercial real estate investors. The property features2877 square feet of building space and was built in 2010.

With a cap rate of 9.0%, this Shopping Center net lease property offers stable income potential. The asking price is $1,381,522, making it an attractive option for 1031 exchange investors seeking quality Shopping Center commercial properties.

Why Invest in Shopping Center NNN Properties?

• Stable Income: Shopping Center net lease properties provide predictable cash flow with minimal landlord responsibilities.
• Strong Tenant: Shopping Center is a nationally recognized brand with proven operational success.
• 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
• Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.

Grand Rapids, MI Market Overview

Located in Grand Rapids, MI, this Shopping Center property benefits from strong local demographics and market fundamentals. The Grand Rapids area offers excellent visibility and accessibility, making it an ideal location for Shopping Center operations and a solid investment for net lease property buyers.