Checkers Drive-Through
For Sale
Contact for pricing
Pending
2020 S Saginaw Rd, Midland, MI 48640
Absolute NNN sale-leaseback with a 15-year base term and scheduled lease escalations.
Property Size594 SF
Lot Size0.46 Acres
Days on Market142
Property Features for 2020 S Saginaw Rd
General Information
Standard status
Pending
Size
594 SF
Lot size
0.46 Acres
Property subtype
Retail
Building Details
Buildings
1
Listing Agency:
CBRE - Orlando
(631) 903-7137
Listed By:
Andrew Jaworski · License #Sl3405473
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:19PM
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 CBRE - Orlando
Investment Insights
Based on property information with market context.
The Checkers/Rally’s property includes a 594-square-foot drive-through restaurant on 0.46 acres. The offering is structured as a 15-year absolute NNN sale-leaseback, with 10% rent escalations scheduled at each five-year period during the base term. The property is identified with the Checkers/Rally’s brand and is positioned for continued restaurant use.
The site is located at the intersection of Saginaw Road and Patrick Road in Midland, Michigan. Surrounding national retailers and restaurants include Jimmy John’s, Jersey Mike’s, Advance Auto Parts, Verizon, Taco Bell, McDonald’s, Wendy’s, Arby’s, Subway, Burger King, Long John Silver’s, CVS, and Walgreens. The Dow Michigan Operations facility is south of the property, while Davenport University’s Great Lakes Bay Campus is six minutes east and has a stated student population of 4,352.
The site is located at the intersection of Saginaw Road and Patrick Road in Midland, Michigan. Surrounding national retailers and restaurants include Jimmy John’s, Jersey Mike’s, Advance Auto Parts, Verizon, Taco Bell, McDonald’s, Wendy’s, Arby’s, Subway, Burger King, Long John Silver’s, CVS, and Walgreens. The Dow Michigan Operations facility is south of the property, while Davenport University’s Great Lakes Bay Campus is six minutes east and has a stated student population of 4,352.
Key Highlights
- 594‑square‑foot drive‑through restaurant on 0.46 acres
- 15‑year absolute NNN sale‑leaseback structure
- 10% rent escalations scheduled at each five‑year period
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
215k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 25%
Electronics 3%
Home Improvements & Furnishings 2%
McDonald's
Dining
27,233 visits/mo
0.1 miles
Taco Bell
Dining
18,311 visits/mo
0.0 miles
Shell
Shops & Services
16,181 visits/mo
0.2 miles
Speedway
Shops & Services
14,934 visits/mo
0.4 miles
Wendy's
Dining
13,767 visits/mo
0.1 miles
Demographics for 48640, MI
31,840
Population
14,340
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
303
Density / Sq Mi
$81,630
Median Household Income
$43,353
Median Earnings
$928
Median Rent
$191,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN sale-leaseback with a 15-year base term and scheduled lease escalations.
Where is this drive through restaurant located?
The property is located at 2020 S Saginaw Rd Midland, MI.
What are key features of this property?
This property features: 594‑square‑foot drive‑through restaurant on 0.46 acres; 15‑year absolute NNN sale‑leaseback structure; 10% rent escalations scheduled at each five‑year period
