795 Michigan Road

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795 Michigan Road

Plymouth, IN 46563
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Multi-Tenant Service Station & QSR for Sale <ul><li>​7.45% cap rate</li><li>​Two NNN corporate leases; Phillips 66 Service Station and Arby's</li><li>​Strong demographics - average household income in excess of $82,357 within 5-mile radius</li><li>​Property across from well-performing McDonald's; next QSR is 5+ miles away</li><li>​Inspire Brands owns Arby’s, Dunkin, Buffalo Wild Wings, and other brands with a market cap of $29.5 billion in 2024.</li><li>​Both retailers recently renewed 5-year lease showing commitment to location</li><li>​

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times