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Restaurant

KFC

4255 W Vienna Rd, Clio, MI 48420

Listing Price: $2,315,876

Cap Rate
4.85%
Tenant Name
FQSR, LLC dba KBP Foods
Years Remaining On Lease
11.4
Guarantor
Corporate Guarantee
Rentable SF
3,085
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.41

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the KFC located at 4255 West Vienna Road in Clio, MI. The building consists of approximately 3,085 square feet of building space and is situated on approximately 1.12 acres of land. The tenant is subject to a 20-Year triple-net (NNN) lease with 11.6 years remaining. The base rent is $112,320 with 8 percent (8%) rental increases every five years. There are four (4), five (5)-year renewal options in addition to the initial term.

Investment Highlights

  • Original 20-Year Triple-Net (NNN) Lease | 11.6Years Remaining
  • 8% Rental Increases Every Five Years
  • Largest KFC Franchisee in the System| KBP Foods Backed Lease With an 800+ Unit Corporate Guaranty

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Listing Price: $2,315,876

Cap Rate
4.85%
Tenant Name
FQSR, LLC dba KBP Foods
Years Remaining On Lease
11.4
Guarantor
Corporate Guarantee
Rentable SF
3,085
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.41

Investment Highlights

  • Original 20-Year Triple-Net (NNN) Lease | 11.6Years Remaining
  • 8% Rental Increases Every Five Years
  • Largest KFC Franchisee in the System| KBP Foods Backed Lease With an 800+ Unit Corporate Guaranty

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the KFC located at 4255 West Vienna Road in Clio, MI. The building consists of approximately 3,085 square feet of building space and is situated on approximately 1.12 acres of land. The tenant is subject to a 20-Year triple-net (NNN) lease with 11.6 years remaining. The base rent is $112,320 with 8 percent (8%) rental increases every five years. There are four (4), five (5)-year renewal options in addition to the initial term.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

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