Freestanding KFC with Long-Term
For Lease
$780,771 NNN
1490 Wright Ave, Alma, MI 48801
Freestanding KFC secured by a long-term 20-year NNN lease, with tenant responsible for taxes, insurance, and maintenance.
Space SizeContact for details
Lot Size0.73 Acres
Days on Market173
Property Features for 1490 Wright Ave
General Information
Standard status
Active
Lot size
0.73 Acres
Property subtype
Retail
Net Operating Income
$54
Building Details
Year Built
1968
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Robert Bender · License #6501323470
(248) 254-3406
Source:
Fortisnetlease
Added: May 14
Changed: Oct 25
Last Checked: Nov 1 at 4:08AM
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
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Investment Insights
Based on property information with market context.
Fortis Net Lease presents a freestanding KFC building at 1490 Wright Ave in Alma, MI. The property includes a 3,043-square-foot building on a 0.73-acre parcel and is secured by a long-term 20-year NNN lease. Under the NNN structure, the tenant is responsible for taxes, insurance, and maintenance, supporting a steadier ownership profile. The offering is supported by an annual net operating income of $54,654.
The property is located along Wright Ave in Alma within a primary retail corridor. The asset benefits from strong visibility and accessibility, with nearby residential and commercial demand drivers referenced in the materials provided.
The property is located along Wright Ave in Alma within a primary retail corridor. The asset benefits from strong visibility and accessibility, with nearby residential and commercial demand drivers referenced in the materials provided.
Key Highlights
- Freestanding 3,043 SF KFC on a 0.73‑acre parcel at 1490 Wright Ave in Alma.
- Secured by a long‑term 20‑year NNN lease.
- Tenant is responsible for taxes, insurance, and maintenance.
Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
201k
Monthly Visits Nearby
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - Freestanding KFC secured by a long-term 20-year NNN lease, with tenant responsible for taxes, insurance, and maintenance.
Where is this nnn property located?
The property is located at 1490 Wright Ave Alma, MI.
What is the lease rate?
The lease rate 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.; Secured by a long‑term 20‑year NNN lease.; Tenant is responsible for taxes, insurance, and maintenance.
