406 Centerville Rd Sturgis, MI 49091

This exceptional investment opportunity presents a 2,795 square foot KFC restaurant in Sturgis, Michigan, situated on a 0.45-acre lot. The property boasts a strong 20-year triple-net (NNN) lease with a prominent franchisee, KBP Foods, the largest KFC franchisee in the US, operating over 800 locations across 28 states. The lease commenced October 1, 2018, and has a remaining term of approximately 13.9 years, providing significant long-term stability. The current annual net operating income (NOI) is $61,490, representing a compelling 5.85% cap rate. The lease includes attractive rental increases of 7.5% every five years, ensuring consistent growth in income. This location benefits from its position in a dense retail corridor, surrounded by numerous national and regional brands, including McDonald's, Arby's, Pizza Hut, and more, ensuring high visibility and strong customer traffic. The property was built in 1994 and is currently operating at 100% occupancy. The asking price for this exceptional investment is $1,051,111. This is a rare opportunity to acquire a well-established, high-performing KFC restaurant with a long-term lease and significant upside potential. The property is located at 406 S Centerville Rd, Sturgis, MI 49091.