220th Ave, Reed City, MI 49677

This exceptional investment opportunity presents a 2,892 square foot Taco Bell located in Reed City, Michigan, at the intersection of 220th Ave. & US 10-R25. Built in 2020, this property sits on a 1.6-acre lot and boasts a strong 6.10% cap rate with a Net Operating Income (NOI) of $142,870. The sale is structured as a 15-year sale-leaseback with an absolute NNN lease, meaning the tenant is responsible for all property expenses, including taxes, insurance, and maintenance, providing a passive income stream for the investor. The lease includes 10% rent increases every five years, offering inflation protection. The tenant, Bells and Birds, Inc., is an experienced Michigan-based operator with a 47-unit portfolio, demonstrating a strong commitment to the location. The property benefits from high visibility due to its strategic location near the US Hwy 131 off-ramp, a major travel artery in Western Michigan, and proximity to a high-performing Wesco gas station undergoing expansion. The area features affluent demographics, with an average household income exceeding $68,858 within a 5-mile radius and a population of over 5,600 residents. Furthermore, the property's proximity to Corewell Health Reed City Hospital ensures consistent traffic. The lease includes four, five-year options to extend, further solidifying the long-term investment potential. This is a rare opportunity to acquire a high-performing, low-maintenance, and passively managed investment property with significant upside potential. The property's APN is 13 008 001 30.