Rank #20 of 3164/100 · STRONG

SpeedwayAbsolute NNN

208 River St, Kalamazoo, MI

Cap Rate5.25%

Asking$6,482,000

Annual Rent$340,316

Term Remaining14.3 yrs

Traffic (AADT)8,814 (2025)

Population (3 mi)41,521

Avg HH income (3 mi)$74,944

Daytime jobs (3 mi)18,938

Fuel competitors (1 mi)2

CountyKalamazoo County

Tenant / banner	Speedway
Lease structure	Absolute NNN
Lease expiration	Dec 2040
Term remaining	14.3 yrs
Rent escalations	1.0% annually
Renewal options	4 x 5-year (lease summary workbook)

LTV 60%

Rate 6.50%

Amort 25 yr

Loan—

Down—

Debt service—

DSCR—

Cash-on-cash—

Debt yield—

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.