This KFC is located directly off of Interstate 75 (56,192 VPD) on Birch Rd (19,891 VPD).
Interstate 75 is a major interstate in Michigan and connects Birch Run to Saginaw.
ADJACENT TO THE LARGEST OUTLET MALL IN THE MIDWEST
This KFC is positioned right outside of Birch Run Premium outlets which is the largest outlet mall in the Midwest.
The center is 690,000 SF, features 108 stores, and capitalizes on the 7.9 million people located within a 100-mile radius.
Major Tenants in the outlet mall include Nike, North Face, Gap, American Eagle and many more.
Surrounding national tenants in Birch Run include Meijer, Goodwill, Family Dollar, and 7-Eleven.
This KFC is 15 minutes south of Frankenmuth, MI. Frankenmuth is known as “Little Bavaria” because it hosts over a dozen Bavarian festivals per year and supports over 3 Million tourists annually. In late 2022, it was announced that the Bavarian Inn Lodge would break ground on a $80 million, 140,000 square foot expansion of the resort, with the water park becoming the largest indoor park in Michigan and the 4th largest in the world.
The subject property is located 15 miles south of Saginaw off Interstate 75 (56,192 VPD) and is part of the MSA.
Saginaw is the largest municipality in the Saginaw, Midland, and Bay City Metropolitan Area, with a combined population of 377,474 in the combined statistical area in 2020.
Economic development in Saginaw is focused on comparative advantages in innovation, clean energy, and continued manufacturing exports. The city continues to have a higher proportion of manufacturing jobs than the US average.
Home to multiple Colleges and Universities including Delta College (13,775 Students), Saginaw Valley State University (9,766 Students) and more.
10.5 YEAR CORPORATE NNN LEASE
The subject property has over 10 years remaining on an original 20 year NNN lease with KBP Foods.
Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure.
There are 8% rent increases every 5 years in the initial term and in each of the four 5 year option periods.
KBP FOODS | LARGEST KFC FRANCHISEE IN THE COUNTRY
KBP Foods is the largest KFC Franchisee in the United States with 850 restaurants in 27 states that generated over $1 Billion in sales in 2022.
KBP Foods has been named one of the top 100 private companies and 100 fastest growing companies.
They are based in Overland Park, KS and have over 15,000 employees.