Freestanding Restaurant Investment Opportunity

5652 E Pickard St, Mount Pleasant, MI

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For Sale

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Single-tenant restaurant with long-term lease and annual rent increases.

Type:RETAIL

Property size:

5,610 SF

Lot size:

2.06 Acres

Price / SF:

$611/SF

Contact for Pricing

Please call us for current price
and status of this listing

Alejandro Snyder

Real Estate License ID: FL SL3456361

HighLights

18+ years remaining on an Absolute NNN lease, offering zero landlord responsibilities.
Freestanding, single‑tenant asset with a long‑term, stable income stream.
Generous 2.06‑acre parcel.
±5,610 SF building size.
Four 5‑year renewal options.
Built‑in 2% annual rent increases, providing a hedge against inflation.

Learn more

For Sale

Contact for pricing

Single-tenant restaurant with long-term lease and annual rent increases.

Type:RETAIL

Property size:

5,610 SF

Lot size:

2.06 Acres

Price / SF:

$611/SF

Added:: Apr 30, 2025
Days on Market:: 408
Last Refresh:: May 19 at 8:50 pm

Property Features for 5652 E Pickard St

General Information

Standard status: Active
Size: 5,610 SF
Lot size: 2.06 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Alejandro Snyder

Listing agent Alejandro Snyder License #FL SL3456361

Listing office Current Real Estate Advisors

Listing date Apr 30, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Current Real Estate Advisors

HighLights

18+ years remaining on an Absolute NNN lease, offering zero landlord responsibilities.
Freestanding, single‑tenant asset with a long‑term, stable income stream.
Generous 2.06‑acre parcel.
±5,610 SF building size.
Four 5‑year renewal options.
Built‑in 2% annual rent increases, providing a hedge against inflation.

Overview

This property features a freestanding, single-tenant restaurant building with an area of approximately 5,610 square feet, situated on a 2.06-acre parcel. The property is under an Absolute NNN lease, offering zero landlord responsibilities. The initial lease term has over 18 years remaining, along with four 5-year renewal options. The lease includes built-in 2% annual rent increases, providing long-term income stability and a hedge against inflation. The property is located in Mount Pleasant, MI.

Location Intelligence

Current Use by Public Records

Bob Evans Restaurant

Suggested Use

Similar Places Nearby

B & B Associates — 207 N Franklin St, Mt Pleasant, MI 48858

Location Insight

Map
Local Demand

City: Mount Pleasant
County: Isabella
State: Michigan
Longitude: -84.732
Latitude: 43.6111

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What type of property is this?

Breakfast & diner - Single-tenant restaurant with long-term lease and annual rent increases.

Where is this breakfast & diner located?

The property is located at 5652 E Pickard St Mount Pleasant, MI.

What is the asking price?

The asking price for this property is $3,429,000.

What are key features of this property?

This property features: 18+ years remaining on an Absolute NNN lease, offering zero landlord responsibilities.; Freestanding, single‑tenant asset with a long‑term, stable income stream.; Generous 2.06‑acre parcel.

5652 E Pickard St, Mount Pleasant, MI

Single-tenant restaurant with long-term lease and annual rent increases.

Property Features for 5652 E Pickard St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Office Building with Street Frontage

Medical Office Building with Parking

Historic New Yorker Building Opportunity

Former Bank on South Mission

Retail Property Near Central Michigan

Front-and-Back Duplex with On-Site Parking

Mt Pleasant Licensed Duplex

Fully Occupied Investment Property

Well-Maintained Duplex Near Campus

Mt. Pleasant Duplex Investment Opportunity

Income-Generating Duplex Near Campus

Mount Pleasant Duplex For Sale

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