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- LoopNet Team
2991 Cook Rd
West Branch, MI 48661
Wendy's · Retail Property For Sale
Investment Highlights
- 2,414 SF Wendy's Restaurant with Drive Thru on 2.12 Acres
- 15 Year Triple Net Lease with 1.5% Annual Rent Increases
- 10 Mile Annual Income Exceeds $43,000
- TEAM Schostak Family Restaurants Currently Operate 150+ Restaurants (Del Taco, Wendy's, MOD Pizza, Applebee's and Olga's Kitchen)
- Four, Five Year Options
PROPERTY FACTS
About 2991 Cook Rd , West Branch, MI 48661
Fortis Net Lease is pleased to present this Wendy’s Restaurant located at 2991 West Cook Road in West Branch, Michigan. There is a fifteen year triple net lease in place with 1.5 percent annual increases. The lease has four, five year options with 1.5 percent rent bumps at each option as well. The subject property is located on a busy retail corridor (West Cook Road), which is less than one-tenth of one mile from Interstate 75. Nearby retailers include Home Depot, Walmart and the West Branch Outlet Shops which include: Coach, Eddie Bauer, Ann Taylor Factory Store, Loft Outlet, and Famous Footwear. *Tenant has right of first refusal.
PROPERTY TAXES
Parcel Number | 014-032-067-50 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $211,300 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 20583444
Date on Market: 8/10/2020
Last Updated:
Address: 2991 Cook Rd, West Branch, MI 48661
The Retail Property at 2991 Cook Rd, West Branch, MI 48661 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.