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31250193
31250194

4941 Highland Rd, Waterford, MI 48328

SR
MI 6505425224, CA 02101543 (+42)
ParaSell Inc
DA
OK OK 161319
Alignment Property Advisors
TM
GA GA 365950
Atlantic Retail Atlanta
Listed by ParaSell Inc, Alignment Property Advisors, Atlantic Retail Atlanta
$857,000
90 days on market
Updated 81 days ago

Kroger Fuel

Details
Property Type Retail
Sub Type Gas Station
Pumps 10
Cap Rate 5.25%
NOI $45,000
Occupancy 100%
Tenancy Single
Brand/Tenant Kroger
Lease Term 20
Lease Expiration 01/31/2036
Remaining Term 9.6
Lease Options 4, 5-Year Options
Investment Type Net Lease
Lease Commencement 01/26/2016
Ground Lease Yes
Ownership Ground Lease

Kroger Fuel Station | Long-Term Absolute NNN Lease | High-Visibility Location

Investment highlights

  • Resilient and essential service business tenant

  • High visibility location - Located off Highland Rd. (40,000+ ADT)

  • Long-Term ground lease with no landlord responsibilities

  • Nearby retailers include Kroger, Aldi, Planet Fitness, Meijer, Five Below, and more

  • Kroger is one of the largest grocery operators in the U.S.

  • Steady demand for gas stations throughout the U.S.

Listing Contacts

SR
MI 6505425224, CA 02101543 (+42)
ParaSell Inc
DA
OK OK 161319
Alignment Property Advisors
TM
GA GA 365950
Atlantic Retail Atlanta
Listed by ParaSell Inc, Alignment Property Advisors, Atlantic Retail Atlanta

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$45,000.00
$3,750.00/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

Map

Zoning

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C-3 CommercialGeneral CommercialGeneral Business
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View all 39 uses
View all 39 uses
Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Scott Reid
License
6505425224
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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