ABSOLUTE NET LEASE | ZERO LANDLORD RESPONSIBILITIES
- Tenant directly pays for common area maintenance, taxes, and insurance.
- Landlord has zero responsibilities.
- Tenant is responsible for roof, structure, parking lot, and all aspects of the property.
- Perfect investment for the management free, passive investor.
NEW 20 YR SALE LEASEBACK | FRANCHISEE CREDIT | RENT BUMPS
- Bells & Birds, Inc. will sign a new 20 year lease with four (4) five (5) year options with rent commencing upon closing.
- 10% rent bumps every 5 years during the primary term and each option period.
- Bells & Birds, Inc. has been operating Yum! Brands for 13 years.
STRATEGIC LOCATION OFF HIGHWAY
- This restaurant was recently remodeled.
- The subject site is located directly off US-127 and is convenient for highway travelers.
- The property is surrounded by other QSR’s such as Burger King, McDonald’s, and Subway.
- The Mid Michigan Health Center (a University of Michigan medical affiliate) is also in close proximity and draws consumers to the area.