6362 3 Mile Rd
Bay City, MI 48706

KFC/Taco Bell has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years (RARE dual brand concept!) and two 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US and will generate sales in excess of $800 million in 2019. This asset has been successfully open and operating for decades with an attractive 7.54% rent-to-sales ratio and is slated for remodel in 2021 – showing the tenants commitment to the location! KFC/Taco Bell is located in Bay City, Michigan on a large 1.43 acre lot just off I-75 with excellent drive-by visibility. Nearby retailers include: Walmart Supercenter, Sam’s Club,Target, Meijer, Cabela’s, Kohl’s, Burlington, Hobby Lobby, Lowe’s Home Improvement, The Home Depot, JCPenney, Macy’s, Dick’s Sporting Goods, Old Navy, PetSmart, Joann Fabrics, Party City, T.J. Maxx, DSW, etc. The sublect location is across the street from Bay Valley Resort (140 guest rooms), 2.5 miles from Delta College (enrollment of 10,030) and 3 miles from Saginaw Valley State University (enrollment of 8,662). In Association with Michigan Local Broker: Andy & Colleen Whisler, Community Choice Realty #6502380502