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W 206 US-2
Saint Ignace, MI 49781

$1,855,000 USD

Fast Food For Sale  •  2,589 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,589 SF
• Lot Size 1.5 AC
• Building Class B
• Year Built 2022
• Cap Rate 5.85 %
• Tenancy Multiple

20 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 throughout the primary term

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

2022 construction Drive Thru location — modern prototype reducing capex risk

Located at the north end of Mackinac Bridge — ±11,600 vehicles per day pass-through

Property Flyers

Taco Bell - St Ignace, MI - OM

Cap Rate:

5.85 %

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	33
Type:	Surface
Included in Rent:	Yes