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3040 Krafft Rd
Fort Gratiot, MI 48059
KFC | LONG JOHN SILVERS – FT GRATIOT TOWNSHIP · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 13 years remaining on initial 20-Year Absolute NNN Lease with 5% rental escalations every 5 years
  • Will generate sales in excess of $1 billion in 2023 (FQSR, LLC is the Tenant on the lease, encompasses all restaurant locations)
  • Positioned on a ± 1.22-acre parcel, just off the hard corner where traffic counts exceed 61,960 CPD!
  • KBP Foods (the largest KFC franchisee in the U.S.) Operates ±840 Locations in 28 States (+20% of KFC locations in the U.S. system)
  • Well-located in the dominant retail corridor for the trade area – less than 1 Mile from Birchwood Regional Mall, Home Depot, Target, Lowe’s, Kohl's
  • SEASONED SALES LOCATION - Successfully open and operating for decades with an ATTRACTIVE 7.16% RENT TO SALES RATIO!

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,157 SF
Building Class
C
Year Built/Renovated
2000/2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.22 AC
Zoning
C-1 - Commercial
Frontage
131’ on Krafft Rd

AMENITIES

  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-021-3006-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$444,500
  • Listing ID: 31749811

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 3040 Krafft Rd, Fort Gratiot, MI 48059

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