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Bob Evans

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NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 4137 Wilder Road in Bay City, Michigan. The site consists of roughly 4,743 rentable square feet of building space on estimated 1.39-acre parcel of land. This Bob Evans is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 24th, 2023. The current annual rent is $149,000 and is scheduled to increase 2% annually starting on May 1st 2027 and throughout the base term as well as in each of the 4, 5-year renewal options.

About the Investment:

– Long-Term, 20-Year Absolute Triple Net (NNN) Lease
– Two Percent (2%) Annual Rental Increases Starting May 1st 2027
– Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
– Corporate Guarantee From Bob Evans Restaurants, LLC (440+ Corporate Locations)
– Tenant Recently Extended the Base Term to 20 Years Proving Their Commitment to the Location

Bob Evans

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NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 20465 Eureka Rd in Taylor, Michigan. The site consists of roughly 5,578 rentable square feet of building space on estimated 1.68-acre parcel of land. This Bob Evans is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 24th, 2023. The current annual rent is $191,000 and is scheduled to increase 2% annually starting on May 1st 2027 and throughout the base term as well as in each of the 4, 5-year renewal options.

About the Investment:

– Long-Term, 20-Year Absolute Triple Net (NNN) Lease
– Two Percent (2%) Annual Rental Increases Starting May 1st 2027
– Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
– Corporate Guarantee From Bob Evans Restaurants, LLC (440+ Corporate Locations)
– Tenant Recently Extended the Base Term to 20 Years Proving Their Commitment to the Location

Dollar General

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NNN Pro Group is pleased to present the exclusive listing for a Dollar General located at 530 South Riverview Drive, Parchment, Michigan. The site consists of roughly 9,578 rentable square feet of building space on estimated 1.17-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced June 14th, 2014. The current annual rent is $104,400 and is scheduled to increase in each of the 5, 5-year renewal options.

About the Investment:

– Long-Term, 15-Year Absolute Triple Net (NNN) Lease
– Approximately 6.1 Years Remaining
– Varied Rental Increases Occurring In Each Option
– Strong Corporate Guarantee
– Five (5), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years

Family Dollar

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NNN Pro Group is pleased to present the exclusive listing for Family Dollar located at 321 East Main St, Carson City, Michigan. The site consists of roughly 8,320 rentable square feet of building space on estimated 0.48-acre parcel of land. This Family Dollar is subject to a 15-year absolute triple-net (NNN) lease, which commenced October 11, 2016. The current annual rent is $113,281 and is scheduled to increase by 10% in June 2026 and in each of the 6, 5-year renewal options.

 Original 15-Year – Absolute Triple Net (NNN) Lease
 Approximately 7.8 Years Remaining
 Ten Percent (10%) Rental Increase in July 2026
 Six (6), Five (5)-Year Tenant Renewal Options

Red Lobster

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NNN Pro Group is pleased to present the exclusive offering for a Red Lobster located at 27760 Novi Road, in Novi, MI. The site consists of roughly 8,290 rentable square feet of building space on an estimated 2.81-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $473,0121 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.

✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
✓ Oversized 2.81 Acre Lot

Red Lobster

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NNN Pro Group is pleased to present the exclusive offering for a Red Lobster located at 29980 Plymouth Road, in Livonia, MI. The site consists of roughly 8,141 rentable square feet of building space on an estimated 1.94-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $199,0561 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.

Long-Term, Absolute Triple Net (NNN) Lease Over 20 Years Remaining on the Base Term
Attractive Two Percent (2%) Annual Rental Increases Four (4), Five (5)-Year Tenant Renewal Options
Red Lobster Corporate Guarantee (700+ Restaurants) Oversized 1.94 Acre Lot

Red Lobster

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NNN Pro Group is pleased to present the exclusive offering for a Red Lobster located at 2691 N. US 31 South, in Traverse City, MI. The site consists of roughly 5,633 rentable square feet of building space on an estimated 2.30-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $241,3151 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.

About the Investment:

✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
✓ Oversized 2.30 Acre Lot

Uncle Ed’s Oil Shoppe (FullSpeed Automotive Guaranty)

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NNN Pro Group is pleased to present the exclusive listing for an Uncle Ed’s Oil Shoppe located at 31301 Groesbeck Highway in Fraser, Michigan. The site consists of roughly 1,764 rentable square feet of building space on estimated 0.47-acre parcel of land. This Uncle Ed’s Oil Shoppe is subject to a 20-year absolute triple-net (NNN) lease, which commenced June 30th, 2020. The current annual rent is $77,872 and is scheduled to increase by 1.60% annually throughout the base term and in each of the 3, 5-year renewal options.

About the Investment:

✓ Long Term 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 17.96 Years Remaining
✓ 1.60% Rental Increases Annually
✓ Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
✓ Corporate Guaranty from FullSpeed Automotive | 900+ Total Units

Uncle Ed’s Oil Shoppe (FullSpeed Automotive Guaranty)

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NNN Pro Group is pleased to present the exclusive listing for an Uncle Ed’s Oil Shoppe located at 24086 Middlebelt Rd, Farmington Hills, MI. The site consists of roughly 1,750 rentable square feet of building space on estimated 0.52-acre parcel of land. This Uncle Ed’s Oil Shoppe is subject to a 20-year absolute triple-net (NNN) lease, which commenced June 30th, 2020. The current annual rent is $76,403 and is scheduled to increase by 1.60% annually throughout the base term and in each of the 3, 5-year renewal options.

About the Investment:

✓ Long Term 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 17.96 Years Remaining
✓ 1.60% Rental Increases Annually
✓ Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
✓ Corporate Guaranty from FullSpeed Automotive | 900+ Total Units

Wendy’s

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NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 436 South Main Street in Lapeer, Michigan. The site consists of roughly 2,273 rentable square feet of building space on estimated 0.95-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 1st, 2015. The current annual rent is $119,070 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 2, 5-year renewal options.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 12.1 Years of Base Lease Term Remaining
✓ Corporate Guarantee from Wendy’s Properties, LLC
✓ Subleased to WEN NATIONAL, LLC, a 40+ Unit Wendy’s Operator
✓ Long Term Operating History | This Wendy’s Has Operated at This Location For Over 45 Years