Rally’s Restaurant
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
855 EAST 5TH AVENUE, FLINT, MI 48503
PROPERTY INFORMATION
Price:
$1,212,460
Cap Rate:
7.63%
Term Remaining:
20 years Years
Year Built:
2007
INVESTMENT HIGHLIGHTS
- NNN Ground Lease Requires Zero Landlord Responsibility
- 10% Rent Increases Scheduled Every 5 Years to Hedge Against Inflation
- One, 5 Year Option Period in Place with 10% Rent Increase
- Checkers Drive-In Restaurants, Inc is the Tenant Responsible for the Lease
- Strategically Located on Hard Corner Main Intersection with Traffic Counts over 25,000
- Equipped with Double Drive-Through Concept
- Open Sunday-Wednesday 10AM-3AM | Thursday 10AM-4AM | Friday & Saturday 10AM-5AM