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Restaurant

KFC

1445 W Bristol Rd, Flint, MI 48507

Listing Price: $1,550,000

Cap Rate
5.51%
Tenant Name
FQSR, LLC
Years Remaining On Lease
12.4
Gross SF
2,472
Guarantor
Franchisee Guarantee
Rentable SF
2,472
Price/Gross SF
$627.02
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.57

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a KFC located at 1445 West Bristol Road in Flint, MI. This particular KFC is a seasoned location with a longstanding and successful operational history. Additionally, KBP Foods, the largest KFC franchisee in the United States with 770+ units across 25 states, invested several hundred thousand dollars into the property when they completed an extensive remodel in 2017 to KFCs new American Showman prototype. The substantial financial commitment made by the Tenant underpins their commitment and belief in the location as well as improves the underlying value of the property. The property consists of 2,472 square feet of building space and is situated on approximately 2.01 acres of land. The property is subject to a 20-year triple-net (NNN) lease with approximately 13 years remaining. The annual rent is currently $85,463 and will be subject to 8.00% rental increases every five years. The rental increases will continue through the four, five-year tenant renewal options. The tenant on the lease is FQSR, LLC which does business as KBP Foods.

Investment Highlights

  • 20-Year Triple Net (NNN) Lease with ~13 Years Remaining
  • Passive Investment Offering a Long-Term Security of Cash Flow
  • Attractive Rental Increases | 8.00% Every Five (5) Years

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Listing Price: $1,550,000

Cap Rate
5.51%
Tenant Name
FQSR, LLC
Years Remaining On Lease
12.4
Gross SF
2,472
Guarantor
Franchisee Guarantee
Rentable SF
2,472
Price/Gross SF
$627.02
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.57

Investment Highlights

  • 20-Year Triple Net (NNN) Lease with ~13 Years Remaining
  • Passive Investment Offering a Long-Term Security of Cash Flow
  • Attractive Rental Increases | 8.00% Every Five (5) Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a KFC located at 1445 West Bristol Road in Flint, MI. This particular KFC is a seasoned location with a longstanding and successful operational history. Additionally, KBP Foods, the largest KFC franchisee in the United States with 770+ units across 25 states, invested several hundred thousand dollars into the property when they completed an extensive remodel in 2017 to KFCs new American Showman prototype. The substantial financial commitment made by the Tenant underpins their commitment and belief in the location as well as improves the underlying value of the property. The property consists of 2,472 square feet of building space and is situated on approximately 2.01 acres of land. The property is subject to a 20-year triple-net (NNN) lease with approximately 13 years remaining. The annual rent is currently $85,463 and will be subject to 8.00% rental increases every five years. The rental increases will continue through the four, five-year tenant renewal options. The tenant on the lease is FQSR, LLC which does business as KBP Foods.

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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