5505 Arbor Chase Dr - Fast Food FOR SALE
Ann Arbor, MI 48103 |
$3,583,000 USD
602-770-7145
5505 Arbor Chase Dr
Ann Arbor, MI 48103
HIGHLIGHTS
- LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
- OPERATOR/SUBSTANTIAL REMODEL - Slims Great Lakes 01, LLC is a subsidiary of Integra Holdings, Inc. - Integra Holdings Corp. (3 Personal Guarantors)
- Lease is Personally Guaranteed by all three principles!
- New, high-quality, build-to-suit construction to Slim Chickens latest prototype - opened December 2024
- HIGH TRAFFIC COUNTS/VISIBILITY - Situated on a large ±1.62-acre lot - adjacent to Meijer with excellent visibility/ access on S Zeeb Rd
- 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 70,042 | Average Household Income (1-MI): $214,047
FOR SALE DETAILS
PRICE
$3,583,000 USD
PRICE/SF
$1,175 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SLIM CHICKENS (AFFLUENT DEMOS)- ANN ARBOR, MI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.62 AC
LAND SF
70,567 SF
ZONING
C
APN/PARCEL ID
08-21-400-040
ASK ABOUT THIS PROPERTY
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602-770-7145
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602-770-7145
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