Alma

Prime Investment Opportunity: Commercial Property with Triple Net Leases  Investors, take note of this exceptional opportunity to own a commercial property with secure, long-term income from two established tenants. This low-maintenance investment generates over $42,000 annually, with both tenants on triple net (NNN) leases, minimizing landlord responsibilities to only the structural portions of the roof, exterior, and load-bearing walls.  Property Highlights:  1. Tenant 1: Quick-Service Pizza Restaurant & Fast-Food Delivery  Lease Details: In place through 2028, with options to renew, ensuring consistent and reliable rental income.  Income: $30,000 per year with scheduled rent increases, adding future value.  Business: Thriving quick-service model with steady foot traffic and delivery operations, a staple in the local community.  2. Tenant 2: Digital Advertising Company  Lease Details: A remarkable 40-year lease, guaranteeing income security for decades. The digital advertising sign features continuous scrolling marketing, driving high visibility for local businesses.  Income: $12,000 per year with scheduled increases, further boosting long-term revenue potential.  Signage: Strategically positioned to maximize exposure, benefiting from consistent demand for advertising space.  This commercial property offers an ideal investment for buyers seeking a solid return with minimal management demands. With long-term leases and built-in rent escalations, it promises stable cash flow and appreciation potential. Don’t miss this chance to add a high-yield, hassle-free asset to your portfolio!  Contact your Realtor for more details and to schedule a viewing.

Northern Great Lakes Realtors MLS

43 NORTH REALTY

OTHER

COMMERCIAL

ACTIVE

Michigan

Restaurant/Food Service - Alma, MI

Alma Public Schools

Alma Middle School

GENERAL_MIDDLE_SCHOOL

Luce Road Elementary School

GENERAL_ELEMENTARY_SCHOOL

Hillcrest Elementary School

Alma Adult - Alternative Education

SPECIAL_ALTERNATE_EDUCATION

Resd Gratiot County

GENERAL_ELEMENTARY_MIDDLE_AND_HIGH_SCHOOL

Alma Senior High School

GENERAL_SENIOR_HIGH_SCHOOL

Pine Avenue Elementary School

1380 Wright Ave Alma, MI 48801

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Snapshot

Nearby Schools