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- LoopNet Team
2225 10th St
Menominee, MI 49858
Burger King · Retail Property For Sale
Investment Highlights
- Established 114 unit Burger King Operator
- No Landlord Responsibilities
- 2016 Complete Remodel
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- 257 FT on 10th St
- 170 FT on 23rd Ave
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Drive Thru
About 2225 10th St , Menominee, MI 49858
Marcus & Millichap is pleased to present a 3,971 square foot freestanding Burger King Restaurant located in Menominee, MI. The tenant recently completed a complete remodel of the site to the new Burger King brand's bold 20/20 restaurant design. There are currently 18 years remaining on an original 20 year NNN lease. The lease calls for landlord friendly 1.5% annual increases in rent. The tenant, Cave Enterprises, currently operates 114 locations with in place expansion plans that will provide an investor with continued credit enhancement.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $373,200 |
Land Assessment | $117,900 | Total Assessment | $491,100 |
PROPERTY TAXES
- 051-021-680-01
- 051-021-680-02
Learn More About Investing in Retail Properties
Listing ID: 12828113
Date on Market: 6/11/2018
Last Updated:
Address: 2225 10th St, Menominee, MI 49858
The Retail Property at 2225 10th St, Menominee, MI 49858 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.