Burger King
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

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Michael Carter

Senior Director

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PROPERTY ADDRESS

490 N Main St., Frankenmuth, MI 48734

PROPERTY INFORMATION

Price:
$825,942
Cap Rate:
7.0%
Term Remaining:
5 Years
Year Built:
1990
Status:
Available

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease Guarantees Minimal Landlord Responsibilities
  • Lease Comes Equipped with Four, Five Year Options
  • 5% Rental Increase Every 5 Yrs. Including Options
  • Strong Guarantor with Over 420 Operating Locations Nationally

INVESTMENT SUMMARY

Fortis Net Lease is proud to present this Burger King restaurant which shadow anchored by Kroger across the street. It is positioned on Frankenmuth’s major retail corridor on N. Main St. The five mile average household income exceeds $82,000 and the surrounding population exceeds 10,000 residents. Nearby retailers include Kroger, McDonald’s, Dollar General, Subway, Rite Aid and CVS.