840 Perry Ave
Big Rapids, MI 49307

Marcus & Millichap is pleased to present the exclusive listing for a Bob Evans Property. The property consists of approximately 3,828 square feet of building space and is situated on approximately 1.14 acres of land. The property will be subject to a 20-year triple net (NNN) lease. The lease will commence on April 28, 2017. The base rent is $70,000 with two percent annual rental increases. The increases will continue through the six, five-year tenant renewal options. The tenant will be a newly formed entity consisting of all Bob Evans Restaurants. This Bob Evans property is located at 840 Perry Avenue in Big Rapids, Michigan. Big Rapids is a city in, and the county seat of Mecosta County, Michigan. The city is located within Big Rapids Township. Big Rapids is home to the main campus of Ferris State University, a four-year public university, well known for its College of Pharmacy. There are approximately 14,767 people within a three-mile radius of this property and more than 19,046 within a five-mile radius. The property is situated on Perry Ave, which connects U.S. Highway 131 with South State Street. U.S. Highway 131 has average daily traffic counts of 14,342 vehicles. South State Street has average daily traffic counts of 20,901 vehicles.