5800 Franklin St - Restaurant FOR SALE
Michigan City, IN 46360 |
$1,364,815 USD
248-702-0288
5800 Franklin St
Michigan City, IN 46360
HIGHLIGHTS
- Absolute Net "NNN" | Zero Landlord Responsibilities
- 5,396 SF Building Situated on 1.36 Acres | Outparcel to Walmart Supercenter
- Recent Lease Extension | Commitment to Location | Long-Term Tenancy
- Guaranteed by Strong Multi-State 28-Unit Operator | Classic Dining Group, LLC | Illinois, Indiana, and Wisconsin with a Ruby Tuesday’s in Wisconsin
- Located Less than Half Mile from Interstate I-94 | Main Interstate for Drivers to Travel Between Michigan to Chicago, Illinois
FOR SALE DETAILS
PRICE
$1,364,815 USD
PRICE/SF
$231 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Denny's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
1.36 AC
LAND SF
59,242 SF
ZONING
-
APN/PARCEL ID
46-05-09-300-011.000-009
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
248-702-0288
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
248-702-0288
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
