15-YEAR SALE LEASEBACK – Long term sale leaseback opportunity commencing at the Close of Escrow. |
ZERO LANDLORD RESPONSIBILITIES – The current lease is Absolute NNN, which means the tenant is responsible for taxes, insurance, CAM, and maintenance |
ATTRACTIVE RENT INCREASES – The lease is subject to 10% rent increases every 5 years throughout the base term and option periods |
FRANCHISEE OVERVIEW – BELLS AND BIRDS, INC. |
EXPERIENCED LOCAL OPERATOR – Bells and Birds, Inc, is an experienced Michigan based quick service restaurant operator with over 30 years of experience |
STRONG 47 UNIT GUARANTEE – The lease is guaranteed by 47 units. |