222 Lansing St - Fast Food FOR SALE
Charlotte, MI 48813 |
$1,657,455 USD
678-878-1907
222 Lansing St
Charlotte, MI 48813
HIGHLIGHTS
- Institutional-Grade Operator: Operated by KBP Brands, a premier QSR franchise with +1,100 units nationwide, ensuring strong financial backing and oper
- True Passive Ownership: Absolute NNN lease with the tenant responsible for all expenses, eliminating landlord responsibilities.
- Secure Long-Term Income: Approximately ±13 years of base term remaining, providing predictable, consistent cash flow.
- Rental Increase: 7.50% rental increase in 3 years.
- High-Visibility Location: The property offers prime placement along Lansing Street, Charlotte’s main retail corridor, with steady traffic and excellen
- Established Market Demand: Charlotte serves as Eaton County’s county seat, supported by government, healthcare, and educational institutions that driv
FOR SALE DETAILS
PRICE
$1,657,455 USD
PRICE/SF
$787 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
N/A
APN/PARCEL ID
200-018-100-022-01
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
678-878-1907
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
678-878-1907
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
