Freestanding Quick-Service
1490 Wright Ave Alma, MI 48801
1490 Wright Ave, Alma, MI, 48801
$780,771
For Sale
$780,771
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 Market68
Property Features for 1490 Wright Ave
General Information
- Standard status
- Active
- Size
- 3,043 SF
- Lot size
- 0.73 Acres
- Property subtype
- Retail - Street Retail
Building Details
- Year Built
- 1968
Listing agency
Fortis Net Lease
Listed by
Robert Bender · License #6501323470
Source
Commercialcafe
Added: May 15 Updated: Jul 21 at 5:11AM Checked: Jul 21 at 5:11AM
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.
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
Location Intelligence
Current Use by Public Records
KFC
Restaurant
Similar For Sale Nearby
FAQs
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
