Restaurant
KFC
4255 W Vienna Rd, Clio, MI 48420
Listing Price: $2,315,876
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.
Listing Price: $2,315,876
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.
