406 S Centerville Rd, Sturgis, MI

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group g***@nnnpro.com Show Phone

Listing date Jan 24, 2025

Source Moodyscre

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Overview

This property is subject to an existing absolute triple-net lease with over 14 years remaining. The lease has no landlord responsibilities and features 7.50% increases every five years. The property is located in a dense retail corridor near McDonald's, Arby's, Pizza Hut, Popeyes, Rite Aid, Dairy Queen, Tractor Supply Co, Ace Hardware, Dunham's Sports, and H&R Block. The lease is subject to a strong franchisee guarantee from KBP Foods, which operates over 800 locations in 28 states and is the largest KFC franchisee in the US, operating more than 20% of KFC outlets. The property size is 2795 square feet and is located at 406 S Centerville Rd, Sturgis, MI.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Sturgis

County

St. Joseph

State

Michigan

Longitude

-85.4283

Latitude

41.7937

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FAQs

What type of property is this?

Drive through restaurant - NNN leased investment opportunity with attractive rental increases.

Where is this drive through restaurant located?

The property is located at 406 S Centerville Rd Sturgis, MI.

What are key features of this property?

This property features: 20‑Year Absolute Triple Net (NNN) Lease with over 14 Years Remaining, offering a truly hands‑off investment; Strong Franchisee Guarantee from KBP Foods, the Largest KFC Franchisee in the US (over 800 locations); Attractive Rental Increases of 7.50% Every Five (5) Years