1396 S Main St

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1396 S Main St

Adrian, MI 49221
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

What's Special

High-Performing Location w/ Low Rent-to-Sales Ratio <ul><li>​High-Performing Location Ranking Top 2% Statewide & Top 4% Nationwide per Placer.ai Data</li><li>​2026 Planned Applebee's Greenhouse Remodel: Updated Branding, Enhanced Façade & Entry, Modernized Interiors, Upgraded Seating & Bar Areas, To Go Concept, & Site & Parking Lot Improvements</li><li>​10-Year Absolute Net Sale-Leaseback 10% Rent Increases Every Five Years & in Options</li><li>​Low Rent-to-Sales Ratio: 4.80% Supporting Long-Term Store Performance</li><li>​Tenant: TSFR Apple Vent

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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