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Vacant Restaurant | Commercial (D-1) 1830 Pipestone Rd

8,500 SF Retail Building Benton Harbor, MI 49022 £1,259,600 (£148/SF)

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INVESTMENT HIGHLIGHTS

Commercial Zoning | Rare Opportunity
Fairplain Plaza (352,000 SF) | Pipestone Plaza (177,000 SF) |Nearby Grocery Stores | Primary Retail Corridor
Strong Trade Area | Major Employers | Large Retail District |Nearby Hotels | Restaurant Cost Advantages | New Data Center

Pipestone Rd (9,300 VPD) | Interstate 94 (63,700 VPD) |
New Chick-fil-A & Starbucks | Limited Casual Dining Corridor |
Strong Demographics in 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an 8,500 square foot, freestanding, Vacant Restaurant property located in Benton Harbor, Michigan. The site is zoned for Commercial (D-1), providing for a wide range of commercial uses. The site presents a future investor with upside through either lease up of the space or complete redevelopment of the large 1.93 acre lot. The offering presents the opportunity to acquire a high-grade restaurant ready asset, within a growing trade area. The restaurant ready assets allows for significant construction cost savings to a user or developer, saving an estimated $1,000,000 in shell construction costs. There continues to be new retail development in the area with Chick Fil A and Starbucks opening new locations just down the road (see aerial on page 10). In addition, Benton Harbor is being eyed as the potential home of a new $3B data center located along York Avenue to accommodate the growth of AI and would had hundreds of jobs to the area.