KFC NNN Property For Sale — Albion, MI
1317 N Eaton St, Albion, MI 49224
This absolute NNN KFC property in Albion, MI, presents a compelling investment opportunity. The asset is operated by KBP Brands, a leading quick-service restaurant franchisee with over 1,100 locations. The long-term lease, with approximately 13 years remaining, provides consistent cash flow and long-term income security. The absolute NNN lease structure offers a passive ownership experience with no landlord responsibilities. Strategically located on North Eaton Street, a primary commercial corridor, the property benefits from excellent visibility and high consumer traffic. Albion, home to Albion College, serves as a regional hub, drawing demand from a diverse demographic. This offering combines a nationally recognized tenant, a durable lease structure, and a prime retail location, making…
- Address: 1317 N Eaton St, Albion, MI 49224
- Asking price $1.22M
- 5.50% cap rate
- NOI $67,295
- 13 years remaining
- NNN lease
- Year built: 1998
- Building size: 2,914 SF
- Lease expiration: Sep 30, 2038
- Rent increases: Current-9/30/2028: $67,295.00; 10/1/28-9/30/33: $72,342.13; 10/1/33-9/30/38: $77,767.78
- Guarantor: Corporate
Location
This KFC property is at 1317 N Eaton St in Albion, Michigan.
Asset type: Retail