5505 Arbor Chase Dr Ann Arbor, MI 48103

This exceptional investment opportunity presents a brand-new, 3,060-square-foot Slim Chickens restaurant located in Ann Arbor, Michigan. The property boasts a 20-year absolute NNN lease with a 6.25% cap rate and a substantial 7.50% rent increase every five years, providing significant long-term return potential. The lease includes four five-year renewal options, further securing the investment. The building, constructed in 2024, features a modern design and an impressive 18-car stack double drive-thru, catering to high traffic volume. Situated on a 1.62-acre lot, the property enjoys excellent visibility and accessibility, adjacent to a Meijer and conveniently located near major thoroughfares, including I-94, with high daily traffic counts. The tenant, Slims Great Lakes 01, LLC, a subsidiary of Integra Holdings, Inc., is backed by three personal guarantors with proven experience in the restaurant industry. This build-to-suit location benefits from a strong demographic profile, with a high average household income within a one-mile radius. The property is zoned C and offers a Net Operating Income (NOI) of $232,874. This is a fee simple ownership of both the building and land, providing complete control and ownership. The property's prime location and strong tenant covenant make it an ideal investment for discerning buyers seeking a secure, high-return asset.