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1501 Gratiot Blvd Marysville, MI 48040

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For Sale
$1,110,000

Single tenant restaurant property with drive-thru in Detroit MSA.

Building Details

Year built
1990

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Listing Contact
Kevin Kajy
Source: Legacycrea

Listing Agent: Kevin Kajy

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

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Overview

Restaurant Property with Drive-Thru

This is a single-tenant, free-standing restaurant property featuring a drive-thru. The property is fully tenanted with two tenants: KFC and Long John Silvers. It is located within the Detroit MSA, which is ranked as the 14th largest MSA in the U.S. The surrounding area has strong demographics, with an average household income exceeding $82,000 within a 1-mile radius, and over 5,600 residents within the same radius. The NOI is based off rental increase starting 12/01/22. Seller will credit difference at closing. The lease is guaranteed by KBP Foods, which operates over 700 restaurants in 25 states.
Location Intelligence

Current Use by Public Records

KFC Restaurant Long John Silver's ... Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Marysville
County
St. Clair
State
Michigan
Longitude
-82.4774668
Latitude
42.9190789

FAQs

What type of property is this?
Drive through restaurant - Single tenant restaurant property with drive-thru in Detroit MSA.
Where is this drive through restaurant located?
The property is located at 1501 Gratiot Blvd Marysville, MI.
What is the asking price?
The asking price for this property is $1,110,000.
What are key features of this property?
This property features: - Strong tenant guarantee: KBP Foods operates 700+ restaurants across 25 states.; - Fully tenanted: Features two established tenants, KFC and Long John Silvers.; - Includes a drive-thru, a valuable feature for restaurant properties.
More about this property
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