Checkers
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PROPERTY ADDRESS
2100 ORCHARD LAKE ROAD, SYLVAN LAKE, MI 48320
PROPERTY INFORMATION
Price:
$642,857
Cap Rate:
7.0%
Term Remaining:
7+ years Years
Year Built:
2016
INVESTMENT HIGHLIGHTS
- Newer 2,598 SF Checkers Restaurant with Drive Thru
- 10 Year Absolute Net Lease | No Landlord Responsibilities
- 5% Rent Increases at Each Option | Two, Five Year Options
- Guaranteed Lease | Big Buford Holdings LLC
- 5 Mile Population Exceeds 169,000 Residents
- 2.07% Projected Population Growth by 2023
- 1 Mile Median Home Value Exceeds $274,000
- 5 Mile Average Household Income Exceeds $89,000