Checkers

CONTACT US REGARDING THIS LISTING

Douglas Passon

Managing Partner

Robert Bender

Managing Partner

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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
Status:
Available

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