1501 Gratiot Blvd
Marysville, MI 48040
KFC & Long John Silver’s · Retail Property For Sale
Property Facts
About 1501 GRATIOT BLVD , MARYSVILLE, MI 48040
This property has a brand new 20 year Absolute NNN lease with 5% rental escalations every 5 years and two 5 year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US that operates 550+ locations in 20 states and will generate sales in excess of $500M in 2017. FQSR, LLC is the tenant on the lease, encompassing all restaurant locations. This location is a dual-branded concept consisting of both a KFC & Long John Silver’s, offering a broader list of menu items while attracting a larger customer base. This store has been successfully open and operating since 1990 with an attractive 5.50% rent-to-sales ratio. The subject property is located in Marysville, Michigan, along Gratiot Blvd with high drive-by visibility and sits just 1 mile west of the US/Canada border. Nearby retailers include Meijer, Tractor Supply Co., CVS Pharmacy, Rite Aid, Classic Pet Supply, Dollar Tree, Anytime Fitness, Verizon, Advance Auto Parts and more. *In Association With: Community Choice Realty | License# 6502380502
Property Taxes
| Parcel Number | 03-773-0133-100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $442,000 |
Property Taxes
