420 Genesee Ave Saginaw, MI 48607

This exceptional investment opportunity presents a 15-year absolute NNN sale-leaseback of a Checkers and Rally's restaurant located at 420 E. Genesee Ave, Saginaw, MI 48607. The property, built in 1995, encompasses 781 square feet on a 0.67-acre lot and boasts a 6.00% cap rate with a $72,000 annual net operating income (NOI). The single-tenant, fee-simple property is 100% occupied by a top-performing franchisee operating a total of 65 units, providing significant operational experience and a strong track record. The lease features four, five-year renewal options with a 10% rent increase every five years, ensuring consistent income growth. The property benefits from a hard-corner, lighted intersection location in a dense city corridor with strong office and residential presence, situated near key attractions like The Dow Event Center, Ascension St. Mary's Hospital, and the GM Powertrain facility. The asking price is $1,200,000, translating to $1,536.49 per square foot. This is a rare opportunity to acquire a stable, high-performing QSR investment with long-term lease security and significant upside potential. The property is zoned commercial and features a single-story building.