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828 S Kalamazoo St
Paw Paw, MI 49079

$2,151,000 USD

Fast Food For Sale  •  2,869 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,869 SF
  • Lot Size 1.24 AC
  • Building Class C
  • Year Built 2016
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
60 Walk Score

Highlights

Successful Store with a 7.5% Rent-to-Sales Ratio
New, 20-Year Wendy’s Sale-Leaseback | Absolute NNN Property with Zero Landlord Responsibilities
Meritage Hospitality Group is One of the Largest Wendy’s Franchisee’s in the Country with Over 12,000 Employees and 380 Locations in 16 States
Freeway-Close Location – Less Than ½ Mile From Interstate-94, Connecting Detroit to Chicago with a Traffic Counts Exceeding 46,000 Cars Per Day

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Wendy's 11/7/2036

Amenities

  • Pylon Sign
  • Restaurant
  • Drive Thru
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Kalamazoo/Battle Creek International 27 min - 19.6 mi
Ron Duong 949-350-5431 Marcus & Millichap
Ron Duong 949-350-5431 Marcus & Millichap