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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

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,414 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.12 AC
Parking
64 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
36 FT on Cook Rd

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

PROPERTY TAXES

Parcel Number
014-032-067-50
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$211,300
  • Listing ID: 20583444

  • Date on Market: 8/10/2020

  • Last Updated:

  • Address: 2991 Cook Rd, West Branch, MI 48661

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