For Sale
For Sale
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Year Built
1974 (Renovated 2014)
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Overview
Ron Schultz and Jackson Wells with Colliers International are pleased to offer for sale a freestanding KFC located on Allen Road in Allen Park, Michigan. This street is well trafficked and benefits from its proximity to the Allen Park High School and Roush Enterprises Headquarters. The property is also strategically located near Ford Motor Company’s Headquarters and Detroit Metropolitan Wayne County Airport. Other restaurants in the area include Little Caesar’s Pizza, Dairy Queen, McDonald’s, Krispy Kreme Donut’s, and Arby’s and many other local eateries.
10% rental increases every 5 years.
Long lease term remaining on an initial 15-year term.
Dense trade area population with 132,477 people within 3 miles.
Property Details
Ron Schultz and Jackson Wells with Colliers International are pleased to offer for sale a freestanding KFC located on Allen Road in Allen Park, Michigan. This street is well trafficked and benefits from its proximity to the Allen Park High School and Roush Enterprises Headquarters. The property is also strategically located near Ford Motor Company’s Headquarters and Detroit Metropolitan Wayne County Airport. Other restaurants in the area include Little Caesar’s Pizza, Dairy Queen, McDonald’s, Krispy Kreme Donut’s, and Arby’s and many other local eateries.
10% rental increases every 5 years.
Long lease term remaining on an initial 15-year term.
Dense trade area population with 132,477 people within 3 miles.
- Property TypeRetail
- Submarket
- Year Built1974Renovated 2014
- Sale Price$1,267,200
- Total Acres0.05
- Cap Rate6.0%
- Property ID2073050