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Description

The Northmarq National Restaurant Group presents a single-tenant KFC located at 8020 Allen Road in Allen Park, Michigan. The property operates under an absolute NNN lease with approximately 18 years remaining and four five-year renewal options. With no landlord responsibilities and 10 percent rent increases every five years, the asset offers stable long-term income and predictable growth backed by a nationally recognized quick-service restaurant brand. The property is currently leased at approximately $72,000 annually, which is roughly 40 percent below the average quick-service restaurant rent in Michigan, providing notable upside in a potential re-leasing scenario. At the same time, the property benefits from one of the longest remaining lease terms among KFC locations in the state, ensuring strong long-term security. Positioned along Allen Road with visibility to more than 25,000 vehicles per day, the site is supported by strong surrounding demographics and major employment drivers, including Ford’s Michigan Assembly Plant and Beaumont Hospital. The property is also surrounded by dense residential neighborhoods and prominent national retailers such as Meijer, Target, and Chick-fil-A at Fairlane Green, generating consistent daily traffic and reinforcing the asset’s stability within the Detroit metropolitan corridor.

Listing Details

  • Cap Rate

    5.75%

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    fast-food

  • Date Listed

    3/6/2026

  • Ownership Info

    Fee Simple

  • Investment Type

    Net Lease

  • Net Operating Income

    $72,000

Property Specifics

  • Property Name

    KFC | 8020 Allen Rd

  • No of Buildings

    1

  • No of Stories

    1

  • Year Built

    1974

  • Building Size

    2,234 SF

  • Lot Size

    0.26 Ac

  • APN

    30 025 01 0088 000

  • Occupancy

    100%