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13010 S Old Us-27 3,978 SF Retail Building Dewitt, MI 48820 $2,762,690 CAD ($694.49 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Strong Corporate Tenant – Bob Evans Restaurants, LLC serves as the tenant, offering investors the security of a well-established corporate operator.
- Affluent Trade Area – The property benefits from strong surrounding demographics, with an average household income exceeding $131,401
- Proven Operating History – This Bob Evans location has successfully operated at the site for over 17 years, reflecting consistent sales performance
- Built-In Rental Growth – The lease features 2% annual rent escalations, delivering predictable income growth throughout the lease term.
- High Traffic Exposure – Strategically positioned along U.S. Highway 27, the site enjoys excellent visibility and accessibility with traffic counts
- Absolute NNN Lease Structure – The absolute triple-net lease provides a truly passive investment, with zero landlord responsibilities and stable
Executive Summary
Matt Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Bob Evans Restaurants est une chaîne de restaurants de style familial fondée et basée à Columbus, Ohio, qui possède et exploite près de 500 établissements dans 18 États, principalement dans les régions du Midwest, du centre de l'Atlantique et du Sud-Est des États-Unis. Bob Evans croyait qu'il fallait traiter les étrangers comme des amis et les amis comme des membres de la famille ; et ces principes sont aujourd'hui en vigueur dans tous les restaurants Bob Evans. En tant qu'entreprise privée appartenant à Golden Gate Capital, les restaurants Bob Evans se concentrent sur la fourniture de nourriture et d'hospitalité de qualité à chaque client à chaque repas, chaque jour.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 050-015-200-036-00 | Improvements Assessment | $336,697 CAD |
| Land Assessment | $325,932 CAD | Total Assessment | $662,629 CAD |
Property Taxes
Presented by
13010 S Old Us-27
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