This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1195 N Belsay Rd
Burton, MI 48509
KFC: Brand New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
ABOUT 1195 N BELSAY RD , BURTON, MI 48509
KFC has a brand new 20 year Absolute NNN Lease with attractive 7% rental escalations every 5 years, and two 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US, operating 700+ locations, and will generate sales in excess of $800 million in 2019. This asset has new, high quality build-to-suit construction of KFC’s newest “American Showman” prototype in 2019 and sales are currently tracking to hit an attractive 7.99% rent-to-sales ratio. KFC is located in Burton, Michigan, within a 7 mile radius of three universities. Nearby retailers include: The Home Depot, Dollar General, Family Dollar, JCPenney, Art Van Furniture, Staples, JOANN Fabrics, Dunham’s Sports, Sally Beauty and Rite Aid. The subject location is less than 7 miles from Hurley Medical Center (a 443-bed public non-profit hospital); and 8 miles from McLaren Flint Hospital (a 378-bed tertiary teaching, non-profit hospital). *In Association with Michigan Local Broker: Andy & Colleen Whisler, Community Choice Realty, MI #6502380502
PROPERTY TAXES
| Parcel Number | 59-11-400-027 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $237,000 |
PROPERTY TAXES
