Se Connecter/S’inscrire
Votre courriel a été envoyé.
1158 W Superior St 2 000 pi² Commerce de détail Immeuble Wayland, MI 49348 4 007 129 $ CAD (2 003,56 $ CAD/pi²) 5,50% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Absolute NNN lease with no landlord maintenance obligations.
- Contractual 10% rent increases every five years.
- Fee simple ownership on a freestanding restaurant site.
- Located immediately off the US-131 interchange in Wayland.
- Lease term extends through December 2036 with renewal options.
- Operated by Border Foods, a large Taco Bell franchisee.
Résumé de l'annonce
Taco Bell at 1158 W Superior Street presents an opportunity to acquire a fee simple, single-tenant net lease investment positioned immediately off the US-131 interchange in Wayland, Michigan. The property is occupied by Taco Bell under an absolute NNN lease structure, with the tenant responsible for taxes, insurance, maintenance, utilities, parking lot upkeep, roof, structure, and foundation repairs. This structure minimizes landlord responsibilities and provides a predictable income stream.
The property sits along Wayland's primary retail corridor with direct exposure to traffic traveling through the US-131 Exit 64 interchange. Surrounding retailers include Harding's Market, McDonald's, Burger King, and Jimmy John's, supporting consistent commercial activity and consumer traffic. Wayland is located between the Grand Rapids metropolitan area and the Kalamazoo-Portage metropolitan area, providing access to regional commuters and travelers moving through western Michigan.
The lease commenced in December 2016 and extends through December 2036, with five additional 5-year renewal options available to the tenant. Scheduled rent escalations of 10% every five years provide contractual income growth throughout the remaining primary term and option periods. Annual rent is scheduled to increase from $158,263 beginning December 2026 to $280,372 during the final option period.
The tenant operates as a Taco Bell franchise location under Border Foods, Inc., one of the largest privately held Taco Bell franchisees in the United States. Border Foods operates more than 254 Taco Bell locations across 10 states and has maintained operations since 1986, providing established franchise operating history at the property.
The property sits along Wayland's primary retail corridor with direct exposure to traffic traveling through the US-131 Exit 64 interchange. Surrounding retailers include Harding's Market, McDonald's, Burger King, and Jimmy John's, supporting consistent commercial activity and consumer traffic. Wayland is located between the Grand Rapids metropolitan area and the Kalamazoo-Portage metropolitan area, providing access to regional commuters and travelers moving through western Michigan.
The lease commenced in December 2016 and extends through December 2036, with five additional 5-year renewal options available to the tenant. Scheduled rent escalations of 10% every five years provide contractual income growth throughout the remaining primary term and option periods. Annual rent is scheduled to increase from $158,263 beginning December 2026 to $280,372 during the final option period.
The tenant operates as a Taco Bell franchise location under Border Foods, Inc., one of the largest privately held Taco Bell franchisees in the United States. Border Foods operates more than 254 Taco Bell locations across 10 states and has maintained operations since 1986, providing established franchise operating history at the property.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restauration rapide
Taille du bâtiment
2 000 pi²
Classe d’immeuble
B
Année de construction
2000
Prix
4 007 129 $ CAD
Prix par pi²
2 003,56 $ CAD
Taux de capitalisation
5,50%
Revenu net d’exploitation
220 355 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,03
Taille du lot
1,38 AC
Façade
Commodités
- Visibilité de l'autoroute
- Restaurant
- Affichage
- Service au volant
Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
30/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 56-006-053-20 | Évaluation des bâtiments | 385 742 $ CAD |
| Évaluation du terrain | 274 216 $ CAD | Évaluation totale | 659 957 $ CAD |
Impôts fonciers
Numéro de lot
56-006-053-20
Évaluation du terrain
274 216 $ CAD
Évaluation des bâtiments
385 742 $ CAD
Évaluation totale
659 957 $ CAD
Contacts
-
Gael Courtney -
Steve Avoyer -
Paige Rochelle -
Danny Aspillera -
Flocke & Aovyer Commercial
1 de 3
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
1158 W Superior St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.