Freestanding QSR with Absolute NNN
720 E Front St Traverse City, MI 49686
For Lease
$1,402,123 SF/Yr
Freestanding 3,194 SF quick-service restaurant on a 0.61-acre parcel with a 20-year absolute NNN lease.
Property Size3,194 SF
Lot Size0.61 Acres
Days on Market75
Property Features for 720 E Front St
General Information
- Standard status
- Active
- Size
- 3,194 SF
- Lot size
- 0.61 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #6501323470
Source:
Fortisnetlease
Added: May 14
Changed: Jul 20
Last Checked: Jul 26 at 4:57AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease is pleased to present a freestanding quick-service restaurant investment opportunity in Traverse City. The property includes a newly structured 20-year absolute NNN lease with Taco Bell.
The asset is located at 720 E Front St on a 0.61-acre parcel within a high-traffic commercial corridor. Public remarks describe strong visibility, excellent access, and consistent consumer demand supported by local residents and seasonal tourism.
The offering is presented with a projected NOI of $91,138 and is characterized as a true triple-net structure with minimal landlord responsibilities. The building is identified as a QSR retail asset within an established retail corridor that includes national and regional tenants.
The asset is located at 720 E Front St on a 0.61-acre parcel within a high-traffic commercial corridor. Public remarks describe strong visibility, excellent access, and consistent consumer demand supported by local residents and seasonal tourism.
The offering is presented with a projected NOI of $91,138 and is characterized as a true triple-net structure with minimal landlord responsibilities. The building is identified as a QSR retail asset within an established retail corridor that includes national and regional tenants.
Key Highlights
- Freestanding quick‑service restaurant built in 1994: 3,194 SF on a 0.61‑acre parcel
- 20‑year absolute NNN lease with Taco Bell
- Projected NOI of $91,138
Property Analytics
Location Intelligence
Current Use by Public Records
KFC
Restaurant
Mundos West
Cafe & Coffee Shop
FAQs
What type of property is this?
Conventional restaurant - Freestanding 3,194 SF quick-service restaurant on a 0.61-acre parcel with a 20-year absolute NNN lease.
Where is this conventional restaurant located?
The property is located at 720 E Front St Traverse City, MI.
What is the lease rate?
The lease rate is $1,402,123.
What are key features of this property?
This property features: Freestanding quick‑service restaurant built in 1994: 3,194 SF on a 0.61‑acre parcel; 20‑year absolute NNN lease with Taco Bell; Projected NOI of $91,138
