Listed by Saugatuck Commercial Real Estate
Unpriced
795 Michigan Road
Details
Property Type Retail
Sub Type QSR/Fast Food, Gas Station
Square Footage 5,314
Tenancy Multi
Brand/Tenant Arby's
Class C
Year Built 1981
Year Renovated 2010
Acreage 2.170
Tenant Credit Corporate Guarantee
Ground Lease No
Sale Condition N/A
Multi-Tenant Service Station & QSR for Sale
Investment highlights
- 7.45% cap rate
- Two NNN corporate leases; Phillips 66 Service Station and Arby's
- Strong demographics - average household income in excess of $82,357 within 5-mile radius
- Property across from well-performing McDonald's; next QSR is 5+ miles away
- Inspire Brands owns Arby’s, Dunkin, Buffalo Wild Wings, and other brands with a market cap of $29.5 billion in 2024.
- Both retailers recently renewed 5-year lease showing commitment to location
- Parking lot repaved in September 2025
Listing Contacts
Listed by Saugatuck Commercial Real Estate
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