KFC | Allen Park, MI
KFC | Allen Park (Detroit), MI | 13 Miles to Detroit CBD | Long Term NNN Lease | Under-Market Rent
Marketing description
The Northmarq National Restaurant Group is pleased to present this single-tenant KFC located at 8020 Allen Road in Allen Park, Michigan. The property operates under an absolute NNN lease with approximately 18 years remaining and four five-year renewal options. With no landlord responsibilities and 10 percent rental increases every five years, the asset offers stable long-term income and predictable growth backed by a nationally recognized quick service restaurant brand.
Leased at just seventy-two thousand dollars annually, roughly forty percent below Michigan’s average QSR rent, it has considerable upside if you were faced with a releasing opportunity. However, it has one of the longest remaining lease terms among KFCs in the state of Michigan, so the long-term security is in place, either way.
Positioned along Allen Road with visibility to more than twenty-five thousand vehicles per day, the site benefits from strong surrounding demographics and major employment drivers, including Ford’s Michigan Assembly Plant and Beaumont Hospital. The property is surrounded by dense residential neighborhoods and national retailers such as Meijer, Target, and Chick-fil-A at Fairlane Green, creating consistent daily traffic and supporting a durable investment in a proven Detroit metro corridor.
Investment highlights
ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITY | 10% RENT INCREASES EVERY 5 YEARS - This KFC operates under an absolute NNN lease, requiring no landlord responsibilities for maintenance, taxes, or insurance. The lease features 10% rent increases every five years with four (4) five-year renewal options.
BELOW-MARKET RENT & SOLID RENT COVERAGE - The market rent for QSRs in Michigan averages $119,699, while this KFC is leased at just $72,000 annually, approximately 40% below market.
UNIQUE MARKET POSITION - There are currently only a handful of KFC properties on the market in Michigan, and this location distinguishes itself with one of the longest remaining lease terms in the state, with over 18 years of absolute NNN term remaining.
RETAIL AND COMMERCIAL GROWTH - The property is positioned within a corridor experiencing steady new development and tenant expansion. Just 1.5 miles north, the Fairlane Green shopping center is adding new outparcels with tenants such as Shake Shack, Jersey Mike’s, and Condado Tacos.
STRONG CONSUMER BASE - The subject property is positioned along Allen Road, one of Allen Park’s primary commercial arterials, with direct access to I-94 and visibility to over 13,000 vehicles per day. The location is surrounded by dense residential neighborhoods, with a population exceeding 140,000 within five miles and average household incomes above $105,000 within one mile.
PROXIMITY TO MAJOR EMPLOYERS - The property is strategically positioned near two of the area’s largest employment centers, driving strong daytime traffic and consistent consumer demand. Ford Motor Company’s Michigan Assembly Plant, located just 2 miles north, employs approximately 5,600 hourly and 350 salaried workers, anchoring the local industrial base. Beaumont (Corewell) Hospital, situated roughly 3 miles away, supports over 33,000 employees across its regional network.
ESTABLISHED RETAIL TRADE AREA - The property is strategically positioned within a highly active retail corridor surrounded by leading national brands. Just 0.4 miles south, McDonald’s drives steady daily traffic along Allen Road, while the Fairlane Green shopping center, located roughly 1.5 miles away, features major anchors such as Chick-fil-A, Taco Bell, Target, and Meijer.
STRONG EDUCATIONAL PRESENCE DRIVING DAILY TRAFFIC - The property is surrounded by a robust educational base, including Allen Park Public Schools, which enroll approximately 3,700 students districtwide, with over 1,100 attending Allen Park High School less than a mile away.
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