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SLIM CHICKENS (AFFLUENT DEMOS)- ANN ARBOR, MI 5505 Arbor Chase Dr

3,050 SF Retail Building Ann Arbor, MI 48103 £2,986,389 (£979/SF) 6.25% Net Initial Yield

Investment Highlights

  • LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
  • Lease is Personally Guaranteed by all three principles!
  • HIGH TRAFFIC COUNTS/VISIBILITY - Situated on a large ±1.62-acre lot - adjacent to Meijer with excellent visibility/ access on S Zeeb Rd
  • OPERATOR/SUBSTANTIAL REMODEL - Slims Great Lakes 01, LLC is a subsidiary of Integra Holdings, Inc. - Integra Holdings Corp. (3 Personal Guarantors)
  • New, high-quality, build-to-suit construction to Slim Chickens latest prototype - slated to open January 2025
  • 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 70,042 | Average Household Income (1-MI): $214,047

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,050 SF
Building Class
B
Year Built
2025
Price
£2,986,389
Price Per SF
£979
Net Initial Yield
6.25%
NOI
£186,649
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
1.62 AC
Zoning
C
Frontage
132 ft on South Zeeb Road

Amenities

  • Restaurant
  • Signage
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Slim Chickens
  • Accommodation and Food Services
  • 3,050 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Slim Chickens Accommodation and Food Services 3,050 SF - -

Links

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Nearby Major Retailers

Leo's Coney Island
Meijer Pharmacy
Starbucks
Chase
PNC Bank
HOTWORX
Fit Body Boot Camp
Tim Hortons

PROPERTY TAXES

Parcel Number 08-21-400-040 Improvements Assessment £0
Land Assessment £0 Total Assessment £324,608

PROPERTY TAXES

Parcel Number
08-21-400-040
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£324,608
(402) 730-6021

Contact

  • Listing ID: 34394010

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 5505 Arbor Chase Dr, Ann Arbor, MI 48103

The Retail Property at 5505 Arbor Chase Dr, Ann Arbor, MI 48103 is currently available for sale. Contact Commercial Investment Advisors, INC for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2025 CoStar Group

SLIM CHICKENS (AFFLUENT DEMOS)- ANN ARBOR, MI | 5505 Arbor Chase Dr
(402) 730-6021 x

SLIM CHICKENS (AFFLUENT DEMOS)- ANN ARBOR, MI | 5505 Arbor Chase Dr

Kendall Carlsen

(402) 730-6021

(402) 730-6021

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