2‑Tenant Drive‑Thru on 80,000 VPD Corridor – Muskegon, MI

2039 E Apple Avenue , Muskegon, MI

Listing Price: $1,357,401

Click To Access Offering Memorandum
  • Cap Rate7.85%
  • Building SF4,772
  • Price/SF$284.45
  • Year Built / Renovated2004

Investment Highlights

Key Property Highlights

  • 2-Tenant NNN Retail Property with Drive-Thru
  • Long-Term Tenancy – 100% Occupied
  • Prime Retail Corridor – Located on E Apple Avenue (28,554 VPD) with immediate access to U.S. 31 and exposure to ~80,000 vehicles per day
  • Convenient Proximity to Downtown Muskegon – Located approximately 4 miles east of Downtown, providing a direct connection via E Apple Avenue (M-46) to Muskegon’s downtown

Additional Highlights

  • Surrounded by National Retailers – Including Walmart Supercenter, ALDI, Family Dollar, CVS, and Walgreens
  • Near Major Employers – Close to Renk America, GE Aviation, Mercy Health / Trinity Health Muskegon Hospital, and Baker College
  • Established Trade Area – Five-mile radius includes 94,000+ residents supported by healthcare, education, and manufacturing
  • High-Visibility Corridor – Connects Muskegon, Grand Rapids, and Holland, central to West Michigan’s growth region
  • Located Within Muskegon’s $74 Million Capital Improvement & Reinvestment Program (2024–2029) – Demonstrating ongoing municipal investment in infrastructure, housing, and economic growth
Lead Agent

Darin Gross

Senior Director Investments

Lic: MI 6501384871

Seth Haron

Managing Director Investments

Lic: MI 6501373006

Ashish Vakhariya

Senior Managing Director Investments

Lic: MI 6501322501

Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613