3040 Krafft Rd | Fort Gratiot, MI 48059
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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
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
| Parcel Number | 20-021-3006-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $444,500 |
PROPERTY TAXES
Parcel Number
20-021-3006-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$444,500
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