1 of 3

2 of 3

3 of 3

•  Media
• Map
• Street View

510 N Cedar St
Kalkaska, MI 49646

$2,562,000 USD

Restaurant For Sale  •  11,732 SF

Property Details

• Property Type Restaurant
• Total Building Size 2,346 SF
• Lot Size 1.51 AC
• Building Class C
• Year Built 1978
• Cap Rate 5.85 %

40 Walk Score

Highlights

15-Year sale-leaseback with Four, 5-Year options from the Close of Escrow

Absolute NNN lease — zero landlord responsibilities for taxes, insurance, CAM, roof/structure

10% rental increases every 5 years providing steady NOI appreciation

Experienced multi-unit operator: 7 Bells, LLC (±14 units, 30+ years in Yum! Brands system)

2023 construction drive-thru reducing near-term capital expenditure risk

Signalized intersection of US-131, M-72, and M-66 with ±13,700 VPD

Property Flyers

Taco Bell - Kalkaska, MI - OM

Cap Rate:

5.85 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Taco Bell

Public Transportation

Airport	Drive	Walk	Distance
Cherry Capital	36 min	-	23.5 mi