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27368923
27368924

222 Lansing St, Charlotte, MI 48813

MW
GA 415376, FL SL3631325
Matthews
CK
GA 413436
Matthews
DS
FL SL3579995
Matthews
Listed by Matthews
$1,585,391
258 days on market
Updated 37 days ago
Opportunity zone

KFC

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,106
Net Rentable (SqFt) 2,106
Cap Rate 5.75%
NOI $91,160
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Remaining Term 13
Price per SqFt $787
Year Built 1999
Year Renovated 2018
Acreage 0.680

Institutional-Grade Operator

Investment highlights

  • Institutional-Grade Operator: Operated by KBP Brands, a premier QSR franchise with +1,100 units nationwide, ensuring strong financial backing and operational expertise.

  • True Passive Ownership: Absolute NNN lease with the tenant responsible for all expenses, eliminating landlord responsibilities.

  • Secure Long-Term Income: Approximately ±13 years of base term remaining, providing predictable, consistent cash flow.

  • Rental Increase: 7.50% rental increase in 3 years.

  • High-Visibility Location: The property offers prime placement along Lansing Street, Charlotte’s main retail corridor, with steady traffic and excellent accessibility. It sits just off I-69 (30,000+ VPD) and is positioned directly across from the 100,000 SF Eaton Hospital, alongside other established national retailers.

  • Established Market Demand: Charlotte serves as Eaton County’s county seat, supported by government, healthcare, and educational institutions that drive reliable regional demand.

  • Strong Market Fundamentals: Stable population, healthy household incomes, and robust community infrastructure reinforce long-term retail viability.

Listing Contacts

MW
GA 415376, FL SL3631325
Matthews
CK
GA 413436
Matthews
DS
FL SL3579995
Matthews
Listed by Matthews

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$91,160.00
$7,596.67/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

Map

Zoning

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B-3 CommercialGeneral CommercialGeneral Business
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Matt Fitzgerald
License
6505432273 (MI)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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