Freestanding KFC Restaurant
311 Us Highway 31 S Traverse City, MI 49685
For Lease
$1,193,292 SF/Yr
Freestanding KFC is leased on a 20-year triple-net basis at a prominent US-31 site in Traverse City.
Property Size3,179 SF
Lot Size1.96 Acres
Days on Market75
Property Features for 311 Us Highway 31 S
General Information
- Standard status
- Active
- Size
- 3,179 SF
- Lot size
- 1.96 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #6501323470
Source:
Fortisnetlease
Added: May 14
Changed: Jul 21
Last Checked: Jul 26 at 7:11AM
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.
This offering features a freestanding KFC restaurant building leased under a long-term 20-year triple net (NNN) structure. The tenant is responsible for taxes, insurance, and maintenance, which is designed to minimize landlord responsibilities. The property includes an approximately 3,179-square-foot building on a 1.96-acre parcel.
Located along US-31 in Traverse City, the site is described as having strong visibility and access from the highway corridor.
The asset is operated by KFC and is presented as a long-term net lease investment.
Located along US-31 in Traverse City, the site is described as having strong visibility and access from the highway corridor.
The asset is operated by KFC and is presented as a long-term net lease investment.
Key Highlights
- Freestanding KFC leased to KFC on a 20‑year triple net (NNN) basis
- 3,179 SF building on a 1.96‑acre parcel in Traverse City, MI
- Annual NOI of $77,564
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
NNN property - Freestanding KFC is leased on a 20-year triple-net basis at a prominent US-31 site in Traverse City.
Where is this nnn property located?
The property is located at 311 Us Highway 31 S Traverse City, MI.
What is the lease rate?
The lease rate is $1,193,292.
What are key features of this property?
This property features: Freestanding KFC leased to KFC on a 20‑year triple net (NNN) basis; 3,179 SF building on a 1.96‑acre parcel in Traverse City, MI; Annual NOI of $77,564
