1246 W M-89 Hwy | Plainwell, MI 49080
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- LoopNet Team
1246 W M-89 Hwy
Plainwell, MI 49080
KFC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-Year Triple Net (NNN) Lease with More Than 17 Years Remaining on Base Term
- Two, Five-Year Renewal Options with Five Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
- KBP Foods is the Largest KFC Franchisee in the U.S., and Owns and Operates 720 Locations Including KFC, Taco Bell and Long John Silver’s Concepts
- Property was Remodeled in 2016 with Newest KFC Prototype
- KFC Operates More Than 24,000 Restaurants in the Unites States and Internationally
- Surrounding National Retailers Include The Home Depot, Meijer Supermarket, Walmart Supercenter, Aldi, Tractor Supply Company, Rent-A-Center
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,638 SF
Building Class
C
Year Built/Renovated
1999/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.91 AC
AMENITIES
- Pylon Sign
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 17-025-005-00 | Improvements Assessment | $314,200 |
| Land Assessment | $198,500 | Total Assessment | $512,700 |
PROPERTY TAXES
Parcel Number
17-025-005-00
Land Assessment
$198,500
Improvements Assessment
$314,200
Total Assessment
$512,700
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