908 N Euclid Ave
Bay City, MI 48706
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 and will generate sales in excess of $800 million in 2019. This asset has been successfully open & operating for decades with an attractive 7.51% rent-to-sales ratio and was recently remodeled to the “American Showman” prototype in 2017 – showing the tenants commitment to the location! KFC is located in Bay City, Michigan on the main north/south thoroughfare (across the street from Kroger) with fantastic drive-by visibility. Nearby retailers include: Kroger, Meijer, Menards, Family Dollar, ALDI, Goodwill, Sears Appliance Repair, Verizon, Cricket Wireless; 2.5 miles from Walmart Supercenter, The Home Depot, JCPenney, Marshalls, Dunham’s Sports, Dollar Tree, etc. The subject location is 7 miles from Delta College (enrollment of 10,030), 9 miles from Saginaw Valley State University (enrollment of 8,662) and 4 miles from McLaren Bay Region Hospital (399 beds). In Association with Michigan Local Broker: Andy & Colleen Whisler | Community Choice Realty #6502380502