CBRE is pleased to present an exclusive listing for the Rally’s located at 102 S. Madison Ave, in Bay City, MI 48708. The site consists of 1,208 total square feet of building space and sits on 0.47 acres of land. The site will be subject to a 15-year absolute NNN sale-leaseback with a top operational franchisee with significant experience across multiple top brands. Starting in year one, the base rent shall be $120,000. The lease will call for 10% rental escalations each 5 year period.
The subject property is nestled near I-75 and is surrounded by reputable establishments such as DoubleTree, Comfort Inn, McDonald’s, Starbucks, and Advance Auto Parts. It also boasts a variety of local eateries like D’Angelo’s, Washington Ave Irish Pub, and Grampa Tony’s that attract locals, adding vibrancy to the city.