Burger King
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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
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.