1770 N Mitchell St - Fast Food FOR SALE


Cadillac, MI 49601
$2,703,077 USD
332-345-4268
1770 N Mitchell St, Cadillac, MI for Sale
$2,703,077 USD
Fast Food - FOR SALE
1/3
null | 6.5% Cap Rate

1770 N Mitchell St
Cadillac, MI 49601


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Long-Term Lease with Built-In Rent Growth
  • Positioned Within a Strong Retail Corridor
  • Less Than a Mile from Wexford County Airport

OVERVIEW

Surmount is pleased to present the exclusive listing for a Bojangles located at 1770 North Mitchell Street, Cadillac, MI 49601. The site consists of roughly 2,100 rentable square feet of building space on an estimated 1.7-acre parcel of land. Bojangles is subject to a 20-year Triple Net (NNN) lease which commenced on 7/31/2025. The annual rent is $175,700 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$2,703,077 USD

PRICE/SF

$1,287 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

-

APN/PARCEL ID

2209-28-1308-01

ASK ABOUT THIS PROPERTY

Ryan SblendorioSurmountMore Info
332-345-4268

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Ryan SblendorioSurmountMore Info
332-345-4268

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.