29,620 Square Foot Retail Space For Sale @ 858 S Main St
858 S Main St, Lapeer, MI 48446
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Simon J.
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. Brand New 2017 Construction | Featuring Latest High Imagery Prototype Design
. Corporate Backed Qdoba Mexican Grill | Tropical Smoothie Café with Drive-Thru
. New Long Term 10-Year NNN Leases | Minimal Landlord Responsibilities
. Rental Increases In Base Term and Option Periods
. Excellent High Traffic Area | Over 30,000 VPD
. Great Visibility From Major Road | Two Freestanding Retail Assets
The Jonna Group of Marcus & Millichap is pleased to present this newly constructed 4,243-square foot Corporate Qdoba Mexican Grill and Tropical Smoothie Café. Located in the city of Lapeer, Michigan, the property is situated on the southwest corner near the busy intersection of Baldwin Road and Main Street. Two prototypical freestanding buildings presents an ideal opportunity to parcel each individually as two separate net-leased assets that will garner maximum value. Each tenant signed new 10-year leases that consist of rental increases in both base and option periods. The property is located 4 minutes away from 222-bed McLaren Lapeer Regional Hospital, the primary healthcare provider of the entire county. Surrounding retailers include The Home Depot, Meijer, Kroger, Kohl' s, Office Depot, Walgreens, Burger King, Wendy' s, McDonald' s, KFC, Starbucks, Buffalo Wild Wings, Taco Bell, Sonic Drive-In, Applebee' s, Dollar Tree, Pet Supplies Plus and many more.