8130 Gratiot Rd
Saginaw, MI 48609
KFC/A&W: Brand New 20 Year Absolute NNN Lse · Retail Property For Sale

KFC/A&W 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 since 2003 with an attractive 7.55% rent-to-sales ratio and was recently remodeled to the “American Showman” prototype in 2018 – showing the tenants commitment to the location! KFC is located in Saginaw, Michigan on a large 1.08 acre parcel on the main east/west thoroughfare with excellent drive by visibility! Nearby retailed include: Meijer, The Home Depot, Tractor Supply Co., Dollar General, AutoZone, NAPA Auto Parts, Sherwin-Williams, Verizon (TCC), Boost Mobile, Walmart Supercenter, Menards, ALDI, Kroger, Ace Hardware, etc. The subject location is less than one mile form Swan Valley Middle and High School (387 students/605 students), 12.5 miles from Saginaw Valley State University (enrollment of 8,662), and 7 miles from Covenant HealthCare (643 beds). In Association with Michigan Local Broker: Andy & Colleen Whisler, Community Choice Realty #6502380502