34330 Groesbeck Hwy
Clinton Township, MI 48035
KFC: Brand New 20 Year Absolute NNN Lease · Retail Property For Sale

KFC has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years and two 5-year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US, operating 700+ locations in 23 states and will generate sales in excess of $800 million in 2019. This asset has been successfully open and operating for decades with an attractive 7.44% rent-to-sales ratio and was recently remodeled in 2019 – showing the tenants commitment to the location. KFC is located in Clinton Township (Fraser), Michigan on Groesbeck Highway with excellent drive-by visibility. Nearby retailers include: Lowe’s Home Improvement, Target, Kohl’s, Burlington, Sam’s Club, Meijer, Dicks’ Sporting Goods, Best Buy, Bed Bath & Beyond, At Home, Art Van Furniture, H&M, Kroger, ALDI, Save-A-Lot, Big Lots, Dollar Tree, Dollar General, ULTA Beauty, Walgreens, Rite Aid, etc. The subject location is just 4 miles from Macomb Community College Warren (enrollment of 21,946), 1.5 miles from Baker College of Clinton Township (enrollment of 3,625), and 3.5 miles from McLaren Macomb Hospital (288 beds). In Association with Michigan Local Broker: Andy & Colleen Whisler, Community Choice Realty #6502380502