Bob Evans Restaurant

5421 Beckley Road, Battle Creek, MI, USA
$3,030,000 6.25% Cap 4,940 sq ft Built 2012 Representative Photo Print This Page


5421 Beckley Road, Battle Creek, MI, USA

Price: $3,030,000
Cap Rate: 6.25%
Net Operating Income: $189,426
Square Footage: 4,940
Lot Size: 1.57 AC
Year Built: 1985/2012

100% Fee Simple InterestAbsolute NNN LeaseCorporate GuaranteeHeavily Trafficked LocationLocated on a Major Commercial ThoroughfareSurrounded by Major RetailersZero Landlord Obligations

The Kase Group is pleased to exclusively offer for sale an absolute NNN leased Bob Evan’s restaurant property located at Battle Creek, Michigan. The property consists of approximately 4,940 square feet of building space and is situated on approximately 1.57 acres. There are 17 years remaining on NNN lease with Six, Five Year Options to extend. The current base rent is $185,711 with 2% annual increases through the base term and option periods.

This Bob Evans property is located at 5421 Beckley Road in Battle Creek, Michigan. Battle Creek is a city in Calhoun County, at the confluence of the Kalamazoo and Battle Creek Rivers. It is the principal city of the Battle Creek, Michigan Metropolitan Statistical Area (MSA), which encompasses all of Calhoun County. Battle Creek attracts thousands of nationwide families to play in an amateur baseball tournament every year.

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