

KFC
Retail | 6.75% CAP | 1,988 SqFt
Marketing description
Fortis Net Lease is pleased to present the opportunity to acquire a freestanding KFC
located at 2011 Old U.S. 27 in St. Johns. The subject property features a 2,988 square
foot building situated on a spacious 1.31-acre parcel and is secured by a long-term 20-
year NNN lease. This structure offers investors a passive investment with minimal
landlord responsibilities, as the tenant is responsible for taxes, insurance, and
maintenance. With an annual net operating income of $61,405, the asset provides stable
and predictable cash flow backed by a nationally recognized quick-service restaurant
operator.
Strategically positioned along Old U.S. 27, a primary commercial corridor, the property
benefits from strong visibility, accessibility, and consistent traffic patterns within the
local trade area. KFC’s established brand recognition and long-standing presence
enhance the overall credit profile and durability of the investment. Located in the
growing central Michigan community of St. Johns, this offering presents an attractive
opportunity for investors seeking a stable, income-producing net lease asset with longterm
upside potential.
Investment highlights
- NNN lease ensuring passive, management-free ownership
- Bells & Birds Inc (35 Locations) lease guarantee
- Annual rent CPI rent bumps capped at 1.5%
- Freestanding 2,988 SF building on a large 1.31-acre lot
- Prime location along Old U.S. 27 in St. Johns
- Positioned within a stable and growing central Michigan trade area
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