KFC

Investment Highlights

INTERSTATE LOCATION (56,192 VPD)

• 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.

 SAGINAW MSA

• 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.