Taco Bell
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

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PROPERTY ADDRESS

800 Pointe Tremble Rd., Algonac, MI 48001

PROPERTY INFORMATION

Price:
$700,000
Cap Rate:
6.0%
Term Remaining:
12 Years
Status:
Available

INVESTMENT SUMMARY

– Absolute (NNN) Lease | Zero Landlord Responsibilities
– 12 Years Remaining on Absolute Net Lease
– Rent to sales Under 6% the Past Three Years
– Signalized Hard Corner Location with Drive Thru
– Lease is Equipped with Two (5) Year Options With Increases
– Tenant has been Operating for 45+ Years with 7 Units
– Site Holds Strong Visibility and Excellent Signage From the Main Road
– Pointe Tremble Road Daily Traffic Counts Boast 11,353+ VPD
– Average Household Income Within a 1 Mile Radius Exceeds $64,230
– Located Across the Street from Two Large Marinas
– National Tenants in the Area Include: Kroger, CVS, Rite Aid, Dollar General, Family Dollar, O’Reilly Auto Parts, Napa Auto, McDonalds, Goodwill, Dollar Tree, Powerhouse Gym, Multiple Bank Branches, and Many More