7060 Michigan Ave
Detroit, MI 48210
Church's Chicken | Strong Operator & Volume · Retail Property For Sale

Church’s Chicken has 16 years remaining on an initial 20-year Absolute NNN lease with 10% rental escalations every 5 years, and three 5-year renewal options. QSR Group Holdings, LLC (“QSR”) recently closed an acquisition of 45 existing Church’s Chicken restaurants previously operated by Falcon Holdings, LLC and its affiliates. QSR is well-experienced in the quick-service restaurant space as franchisees and as franchisors with more than 200 restaurants in their portfolio. This asset has a low rent-to-sales ratio of 6.6%. Church’s Chicken is located in Detroit, Michigan less than ¼ mile from I-94 on the main east/west thoroughfare on the hard corner of Michigan Avenue with excellent drive-by visibility! Nearby retailers include: CVS Pharmacy, Family Dollar, Supermercado, Sunoco, T-Mobile, Senate Theater, etc. The subject location is just 5 miles from Wayne State University (enrollment of 27, 053), less than 6 miles from University of Michigan – Dearborn (enrollment of 9,468), and 5 miles from downtown Detroit. *In Association with Michigan Designated Broker: Andy & Colleen Whisler, Community Choice Realty #6502380502