- For Sale $638,468
- Property Type Retail - Street Retail
- Property Size 2,398 SF
- Lot Size 0.92 Acre
- Property Tenancy Single Tenant
- Year Built 1999
- Date Updated May 15, 2026
Description
Located in the heart of Bad Axe, MI, the area surrounding the property offers a vibrant and growing community for retail investment. With a mix of local businesses, restaurants, and shopping centers, this location is ideal for retail and street retail investors looking to capitalize on the area's commercial potential. Nearby points of interest include the Huron County Historical Society Museum, the Bad Axe Theatre, and the Hatchet House, providing a rich local culture to draw in customers. With steady foot traffic and a local population eager to support new retail offerings, this area holds great promise for investors looking to establish a successful retail presence..
Highlights
- Absolute NNN Lease | Truly Passive Ownership - Zero landlord responsibilities with tenant covering roof, HVAC, taxes, insurance, and maintenance, delivering predictable, hands-off income
- Attractive Entry Price Point - Offered at approximately $638K with a 5.00% cap rate, allowing investors to acquire a nationally branded asset at a low basis relative to replacement cost
- Established Operating Location - Longstanding restaurant location with operating history dating back decades, indicating proven site viability and consistent consumer demand
- Functional, Efficient Building - 2,398 SF freestanding building (built 1999) designed for restaurant use, minimizing near-term capital expenditures and supporting long-term tenancy
- Outparcel Position with Regional Draw - Surrounded by major retailers including Walmart, Meijer, and national brands, driving consistent traffic and reinforcing long-term location fundamentals
- Recognized National Tenant (Pizza Hut | Yum! Brands) - Investment is backed by a globally recognized quick-service restaurant brand under Yum! Brands, providing strong brand equity and long-term operational stability with nearly 20,000 locations worldwide
- Remaining Term with Renewal Upside - Lease runs through December 2029 with one 5-year renewal option, offering near-term income with potential extension upside
- Strong Visibility Along Main Retail Corridor - Located on N Van Dyke Road with strong traffic counts and surrounded by national retailers, positioning the site as a dominant quick-service destination in the trade area
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Contacts
Ayson Shammami
APEX Commercial Real Estate Advisors
Location
Contact Listing Broker
Ayson Shammami
APEX Commercial Real Estate Advisors