Fortis Net Lease

• New 2,085 SF Free Standing Starbucks with Drive-Thru
• New 2,000 SF Free Standing Subway Restaurant
• 10 Year NN Leases | Minimal Landlord Responsibilities
• Variable Rent Increases | Four, Five Year Options
• Guaranteed by Starbucks Corporation | S&P “A–” Credit Rating
• Subway Real Estate, LLC is Tenant under Lease
• Personal Guarantee from Franchisee
• E-Commerce & Internet Resistant Tenant

Fortis Net Lease is proud to present a new free standing Starbucks and Subway restaurant located at 5241 and 5341 S. 9th Street in Kalamazoo, MI. The brand new ten year NN leases have four, five year options with variable rent increases to hedge against inflation.

The subject property is located just off the I-94 exit and is surrounded by many national tenants including: McDonalds, Wendy’s, Taco Bell, Speed-way, Jimmy John’s, Dunkin Donuts and Arby’s. The population within five mile exceeds 107,400 residents and has a projected population growth rate of 3.92 percent. The average household income within one mile is $98,000 and the median home value exceeds $193,000. The subject property is close to Kalamazoo Valley Community College, four hotels and several sports venues. It is also across from a UPS Distribution Center, PNC Bank Operations Center and Dana Holding Corporation.