Your email has been sent.
Absolute NNN Fazoli's Restaurant 5705 S Cedar St 3,750 SF Retail Building Lansing, MI 48911 $1,075,000 ($286.67/SF) 6.25% Cap Rate
Investment Highlights
- Absolute NNN - Zero Landlord Responsibilities
- Rare Drive Through
- Adjacent to Nation Credit Tenants
- Same Proven Longstanding Operator
- Huge 1.38 Acre Lot
- Excellent Main Street Frontage
Executive Summary
Property has been a Fazoli’s for 28+ years. Current operator has been the operator since 2016. When he took over operations, he remodeled and spent over $80k on the property. He has since further remodeled the location. Seller has nothing but praise for tenant: consistent, courteous, hardworking operator.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Fazoli’s is a Lexington, Kentucky-based quick-service restaurant chain specializing in Italian-American cuisine. Founded in 1988, the brand is known for its menu featuring pasta dishes, pizza, subs, and its signature unlimited breadsticks. Fazoli’s operates company-owned and franchised locations across the United States, focusing on providing a casual dining experience with the speed of a quick-service model. Over the years, the company has introduced menu innovations and value-driven offerings to appeal to a broad customer base. Fazoli’s has also implemented technology-driven solutions such as online ordering and delivery partnerships to enhance convenience for guests. The company is privately held and continues to expand its footprint through franchising while maintaining its emphasis on affordable Italian dining.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-05-04-426-034 | Improvements Assessment | $200,600 |
| Land Assessment | $91,700 | Total Assessment | $292,300 |
Property Taxes
Presented by
Absolute NNN Fazoli's Restaurant | 5705 S Cedar St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.