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2225 10th St
Menominee, MI 49858

Burger King · Retail Property For Sale

Investment Highlights

  • Established 114 unit Burger King Operator
  • No Landlord Responsibilities
  • 2016 Complete Remodel

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,965 SF
Building Class
B
Year Built/Renovated
1986/2016
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.90 AC
Parking
64 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
257 ft on 10th St

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Drive Thru

About 2225 10th St , Menominee, MI 49858

Marcus & Millichap is pleased to present a 3,971 square foot freestanding Burger King Restaurant located in Menominee, MI. The tenant recently completed a complete remodel of the site to the new Burger King brand's bold 20/20 restaurant design. There are currently 18 years remaining on an original 20 year NNN lease. The lease calls for landlord friendly 1.5% annual increases in rent. The tenant, Cave Enterprises, currently operates 114 locations with in place expansion plans that will provide an investor with continued credit enhancement.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 051-021-680-01
  • 051-021-680-02
Land Assessment
£93,386
Improvements Assessment
£295,604
Total Assessment
£388,990
  • Listing ID: 12828113

  • Date on Market: 11/06/2018

  • Last Updated:

  • Address: 2225 10th St, Menominee, MI 49858

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