Rally’s Restaurant

CONTACT US REGARDING THIS LISTING

Marvin DeLaura

Senior Director

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PROPERTY ADDRESS

855 EAST 5TH AVENUE, FLINT, MI 48503

PROPERTY INFORMATION

Price:
$1,212,460
Cap Rate:
6.50%
Term Remaining:
20 years Years
Year Built:
2007
Status:
Available

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