Freestanding Quick-Service
For Sale
$780,771
1490 Wright Ave, Alma, MI 48801
Freestanding KFC secured by a long-term 20-year NNN lease with tenant responsibility for taxes, insurance, and maintenance.
Property Size3,043 SF
Lot Size0.73 Acres
Price / SF$256.58
Days on Market114
Property Features for 1490 Wright Ave
General Information
Standard status
Active
Size
3,043 SF
Lot size
0.73 Acres
Property subtype
Retail
Zoning
B-2
Building Details
Building Size
3,043 SF
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Robert Bender · License #6501323470
(248) 254-3406
Source:
Cpix.resimplifi
Added: May 15
Changed: Aug 23
Last Checked: Sep 5 at 3:44AM
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 presents the opportunity to acquire a freestanding KFC located at 1490 Wright Ave in Alma, Michigan. The property includes a 3,043-square-foot building on a 0.73-acre parcel, positioned within a primary retail corridor in the community.
The asset is secured by a long-term 20-year NNN lease. Under the NNN structure, the tenant is responsible for taxes, insurance, and maintenance, creating a passive investment profile with minimal landlord responsibilities. The offering is projected to generate annual net operating income of $54,654.
KFC is a globally recognized quick-service restaurant brand, supported by long-standing brand recognition intended to provide stability for income-focused investors.
The asset is secured by a long-term 20-year NNN lease. Under the NNN structure, the tenant is responsible for taxes, insurance, and maintenance, creating a passive investment profile with minimal landlord responsibilities. The offering is projected to generate annual net operating income of $54,654.
KFC is a globally recognized quick-service restaurant brand, supported by long-standing brand recognition intended to provide stability for income-focused investors.
Key Highlights
- Freestanding 3,043 SF KFC on a 0.73‑acre parcel at 1490 Wright Ave in Alma, MI
- Secured by a long‑term 20‑year NNN lease with tenant responsibility for taxes, insurance, and maintenance
- Annual net operating income of $54,654
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
201k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 27%
Shops & Services 17%
Home Improvements & Furnishings 10%
Meijer
Groceries
53,531 visits/mo
0.5 miles
McDonald's
Dining
23,307 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
15,583 visits/mo
0.3 miles
Taco Bell
Dining
15,093 visits/mo
0.4 miles
Burger King
Dining
13,950 visits/mo
0.3 miles
Demographics for 48801, MI
13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding KFC secured by a long-term 20-year NNN lease with tenant responsibility for taxes, insurance, and maintenance.
Where is this conventional restaurant located?
The property is located at 1490 Wright Ave Alma, MI.
What is the asking price?
The asking price for this property is $780,771.
What are key features of this property?
This property features: Freestanding 3,043 SF KFC on a 0.73‑acre parcel at 1490 Wright Ave in Alma, MI; Secured by a long‑term 20‑year NNN lease with tenant responsibility for taxes, insurance, and maintenance; Annual net operating income of $54,654
