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Spart Nash / Family Fare

56145 & 56151 M-51 (Niles St), Dowagiac, MI 49047

Price:
$6,242,000
Net Rentable Area:
44,633 SF
Lot Size:
1.102 Acres
Status:
SOLD

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Long term 20 year lease
  • True NNN - zero landlord obligations
  • Corporate guaranteed lease with NNN Ground lease on fuel station
  • A Fortune 400 company, SpartanNash is the 5th largest food distributor in the U.S.
  • Publicly traded NASDAQ:SPTN
  • Overall sales increased 9.5% in 2019-2020 (essential retailer.)
  • Long standing brand name, Family Fare is the “go-to” neighborhood grocery store
  • Property also includes a gas station and pharmacy
Representative photo shown above

RECENT LISTINGS

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DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

info@nnndeal.com

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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