3900 Hess Ave | Saginaw, MI 48601
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- LoopNet Team
3900 Hess Ave
Saginaw, MI 48601
KFC · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7% Rental Escalations every 5 Years!
- Will Generate Sales in Excess of $950 Million in 2021 (FQSR, LLC is the Tenant on the Lease, Encompasses All Restaurant Locations)
- Large ±1.25-Acre Lot on a Signalized, Hard Corner of Hess Ave & Dixie Hwy where Traffic Counts Exceed 25,770 CPD! – 1 Mile East of I-75 (67,600 CPD)
- KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±755 Locations in 30 States (19% of Locations in U.S. System)
- Successfully Open & Operating for Decades with an Attractive 7.33% Rent to Sales Ratio! Scheduled for Remodeling in 2025 – Showing Tenant’s Commitment
- 2020 DEMOGRAPHICS (5-MI): Total Population: 76,974 | Avg Household Income: $53,275
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,352 SF
Building Class
C
Year Built/Renovated
1965/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.25 AC
Zoning
C
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10125323005000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $238,047 |
PROPERTY TAXES
Parcel Number
10125323005000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$238,047
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