CBRE is pleased to present an exclusive listing for the Checkers/Rally’s located at 515 South Michigan Avenue, in Saginaw, Michigan. The site consists of 781 total square feet of building space and sits on 0.61 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 $96,000. The lease will call for 10% rental escalations each five year period during the base term and throughout each five-year period of the term. The subject property is located adjacent to McDonald’s and Dollar General and within close proximity to Sunoco, Save Alot, Subway and Little Ceasars Pizza. The property is within 2 miles from three hospitals: Covenant Medical Center Harrison, Covenant Medical Center Cooper and Ascension St. Mary’s Hospital.