Contacts
APEX Commercial Real Estate Advisors
Property Details
- Property Type Retail - Street Retail
- Property Size 2,398 SF
- Lot Size 0.92 Acre
- Property Tenancy Single Tenant
- Year Built 1999
- Date Updated Jun 17, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- Absolute NNN Lease | Truly Passive Ownership - Zero landlord responsibilities with tenant covering roof, HVAC, taxes, insurance, and maintenance, delivering predictable, hands-off income
- Attractive Entry Price Point - Offered at approximately $638K with a 5.00% cap rate, allowing investors to acquire a nationally branded asset at a low basis relative to replacement cost
- Established Operating Location - Longstanding restaurant location with operating history dating back decades, indicating proven site viability and consistent consumer demand
- Functional, Efficient Building - 2,398 SF freestanding building (built 1999) designed for restaurant use, minimizing near-term capital expenditures and supporting long-term tenancy
- Outparcel Position with Regional Draw - Surrounded by major retailers including Walmart, Meijer, and national brands, driving consistent traffic and reinforcing long-term location fundamentals
- Recognized National Tenant (Pizza Hut | Yum! Brands) - Investment is backed by a globally recognized quick-service restaurant brand under Yum! Brands, providing strong brand equity and long-term operational stability with nearly 20,000 locations worldwide
- Remaining Term with Renewal Upside - Lease runs through December 2029 with one 5-year renewal option, offering near-term income with potential extension upside
- Strong Visibility Along Main Retail Corridor - Located on N Van Dyke Road with strong traffic counts and surrounded by national retailers, positioning the site as a dominant quick-service destination in the trade area
Getting around
-
34/100
Walk Score ®
-
47/100
Bike Score ®
Location
- City Bad Axe, MI
- Zip Code 48413
Points of Interest
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Marathon
0.10 miles
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Speedy Q
0.26 miles
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Cass City Oil & Gas Company
0.69 miles
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Meijer
0.72 miles
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Tesla Supercharger
0.78 miles
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BP
1.04 miles
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Shell
1.09 miles
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Citgo
3.00 miles
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Pizza Hut
0.00 miles
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Lugo’s Taco Street
0.06 miles
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Wendy's
0.07 miles
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Hungry Howie's
0.16 miles
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Rachel's
0.17 miles
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McDonald's
0.20 miles
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Taco Bell
0.23 miles
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Little Caesars
0.32 miles
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Big Boy
0.34 miles
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Peppermill
0.38 miles
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McDonal's Food & Family Center
0.28 miles
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Walmart Supercenter
0.37 miles
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Meijer
0.83 miles
APEX Commercial Real Estate Advisors