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Restaurant

Fazoli's

5445 Beckley Rd, Battle Creek, MI 49015

Listing Price: $1,570,000

Cap Rate
5.25%
Tenant Name
Fazoli's
Years Remaining On Lease
14.0
Gross SF
3,626
Guarantor
Corporate Guarantee
Rentable SF
3,626
Price/Gross SF
$432.98
Lease Type
Absolute Net
Rent Per Square Feet
$22.72

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 3,626 square foot Fazoli's with a drive-thru located on 0.93 acres of land in Battle Creek, Michigan.

Investment Highlights

  • 14 Years Remaining on New 15-Year Absolute Triple-Net Lease
  • Corporate Guarantee by Fazoli's Group Inc. which has Almost 220 Locations Nationwide
  • Quick Service Restaurant with Drive-Thru with Easy Entry and Egress from Beckley Road (21,000+ Vehicles Per Day)
  • High Credit National Retailers within One-Mile Radius of Subject Property
  • Located at Highly Trafficked Interchange of I-94 and Downtown Battle Creek

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Listing Price: $1,570,000

Cap Rate
5.25%
Tenant Name
Fazoli's
Years Remaining On Lease
14.0
Gross SF
3,626
Guarantor
Corporate Guarantee
Rentable SF
3,626
Price/Gross SF
$432.98
Lease Type
Absolute Net
Rent Per Square Feet
$22.72

Investment Highlights

  • 14 Years Remaining on New 15-Year Absolute Triple-Net Lease
  • Corporate Guarantee by Fazoli's Group Inc. which has Almost 220 Locations Nationwide
  • Quick Service Restaurant with Drive-Thru with Easy Entry and Egress from Beckley Road (21,000+ Vehicles Per Day)
  • High Credit National Retailers within One-Mile Radius of Subject Property
  • Located at Highly Trafficked Interchange of I-94 and Downtown Battle Creek

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 3,626 square foot Fazoli's with a drive-thru located on 0.93 acres of land in Battle Creek, Michigan.

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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