5809 Franklin StMichigan City, IN 46360

For Sale

$2,811,000

Property records and analytics

Highlights

Brand new 15-year Chick-fil-A lease with 12 five-year renewal options; 7.5% rent increases every five years.
Absolute NNN lease; land ownership (leased fee interest); zero landlord responsibilities.
Strong location near major shopping centers (Lake Park Plaza, Dunes Plaza, Marquette Place) and national retailers (Walmart, Lowe's, etc.); dense trade area with significant residential population.
Drive-thru Chick-fil-A on Franklin Street; excellent visibility and access; near I-94.
Strong demographics: 42,700 residents and 25,500 daytime employees within a 5-mile radius; average household income of $80,390.

5809 Franklin St, Michigan City, Indiana

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Michael Carter

Frank Rogers

Matthew Mousavi

Patrick R. Luther, CCIM