This Retail Property is no longer advertised on LoopNet.com.

32 W Adams St
Iron River, MI 49935
KFC · Retail Property For Sale

Investment Highlights

  • LONG TERM LEASEBACK
  • RENT GROWTH: Rare 2% annual rent escalations throughout the initial lease term
  • CAPITAL IMPROVEMENTS: Full site redevelopment completed in 2024, offering a modern and turnkey asset
  • LEASE STRUCTURE: ±20-year Absolute NNN sale-leaseback offering, providing long-term passive income
  • STRATEGIC POSITIONING: Adjacent to Krist Food Mart and directly across from Circle K; positioned in front of Saigh Family Dental
  • RETAIL SYNERGY: Surrounded by established national retailers including Tractor Supply Co., McDonald’s, and Subway

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.41 AC
Zoning
C-1 - Commercial
Frontage
150’ on Adams St

Amenities

  • Corner Lot
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
054-112-009-00
Land Assessment
$5,250
Improvements Assessment
$169,370
Total Assessment
$174,620
  • Listing ID: 37174495

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: 32 W Adams St, Iron River, MI 49935

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