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5505 Arbor Chase Dr
Ann Arbor, MI 48103

$3,726,000 USD

Fast Food For Sale  •  3,050 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,050 SF
  • Lot Size 1.62 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
47 Walk Score

Highlights

LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
OPERATOR/SUBSTANTIAL REMODEL - Slims Great Lakes 01, LLC is a subsidiary of Integra Holdings, Inc. - Integra Holdings Corp. (3 Personal Guarantors)
Lease is Personally Guaranteed by all three principles!
New, high-quality, build-to-suit construction to Slim Chickens latest prototype - slated to open December 2024
HIGH TRAFFIC COUNTS/VISIBILITY - Situated on a large ±1.62-acre lot - adjacent to Meijer with excellent visibility/ access on S Zeeb Rd
2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 70,042 | Average Household Income (1-MI): $214,047
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Slim Chickens 3,050 SF

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Ann Arbor Amtrak Station (Wolverine - Amtrak) 11 min - 6.0 mi
AirportDriveWalkDistance
Detroit Metro Wayne County 36 min - 30.7 mi
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC