Rank #26 of 3156/100 · STRONG

SpeedwayAbsolute NNN

2170 Holton Rd, Muskegon, MI

Cap Rate5.25%

Asking$6,189,000

Annual Rent$324,907

Term Remaining12.3 yrs

Traffic (AADT)23,200 (2025)

Population (3 mi)9,480

Avg HH income (3 mi)$81,539

Daytime jobs (3 mi)1,981

Fuel competitors (1 mi)3

CountyMuskegon County

Tenant / banner	Speedway
Lease structure	Absolute NNN
Lease expiration	Dec 2038
Term remaining	12.3 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.