Log In/Sign Up
Your email has been sent.
1246 W M-89 Hwy
Plainwell, MI 49080
Retail Property For Sale
Investment Highlights
- Robust Traffic Counts on M-89 (26k VPD) and Highway 131 (36k VPD) (Source: MDOT 2025)
- Parks and Outdoor Recreational Facilities Nearby Include: Bittersweet Ski Resort, Lynx Golf Club, Gull Lake, Kalamazoo Speedway, and More
- Subject is 12 Miles from Kalamazoo with a Population of 265k in the MSA
- Affluent Kalamazoo Bedroom Community with an Average Household Income of Over $93K within Five Miles of the Subject Asset, as of 2024
- Well-Established Retail Corridor that Includes: Meijer, Aldi, Walmart, Tractor Supply, Home Depot, Dollar Tree, Walgreens, Advance Auto and Others
Executive Summary
Subject is a 2,638 Square-Foot KFC on a .91-Acre Lot with Ample
Parking, Pylon Signage, and Easy Ingress/Egress.
This KFC is Operated by KBP Foods, the Largest KFC Franchisee
with over 1,100 Stores Across Multiple Brands and over $1 billion
in Annual Revenue | It Delivers Investors Institutional-quality
Credit with Over 12 Years of Term and Attractive 5% Rental
Increases Every Five Years Through the Primary Term and Option
Periods.
Parking, Pylon Signage, and Easy Ingress/Egress.
This KFC is Operated by KBP Foods, the Largest KFC Franchisee
with over 1,100 Stores Across Multiple Brands and over $1 billion
in Annual Revenue | It Delivers Investors Institutional-quality
Credit with Over 12 Years of Term and Attractive 5% Rental
Increases Every Five Years Through the Primary Term and Option
Periods.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,638 SF
Building Class
C
Year Built
1999
Price
$1,338,500
Price Per SF
$507.39
Cap Rate
5.75%
NOI
$76,965
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
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
