2071 US-24 Monroe MI 48162

Keystone Commercial Real Estate, LLC is proud to present this exclusive opportunity to acquire this newly constructed (2022) Chick-fil-A ground lease located at 2071 N Telegraph Road, Monroe Michigan (the “Property”). Construction on this building commenced April 15, 2022. The ground lease has an initial 15-year term with eight (8)- 5 year renewal options. The rent includes a 10% increase at the start of the 67th month, and then every 5 years thereafter, including each renewal option. The lease is a NNN lease with zero Landlord responsibilities, making this a management free investment*.

• The property is located at a signalized intersection of Telegraph Road and Mall Road. The property has excellent access and signage along Telegraph Road which has over 26,000 vehicles per day passing this location. This area of Monroe has had an abundant of new construction over the past 10 years.

• New 15-year long term corporate guaranteed ground lease

• 10% increases every 5 years

• Chick-fil-A is the 3rd largest fast-food chain in America with more than 2,600 restaurants nationwide. This location will feature a double dive thru and modern design, outdoor patio seating and state-of-the art construction.

• Zero Landlord management, maintenance, or repair responsibility

• Chick-fil-A generates more revenue per restaurant than any other fast-food chain in the country. Total system wide sales have grown from $7.9 billion in 2016 to $13.7 billion in 2020, a 4-year increase of 73%. This was the company’s 52nd consecutive year of positive sales growth.

• Strategic location at signalized location in the middle of the trade area on busy Telegraph Road with over 26,000 vehicles per day.

• Notable tenants to draw to the area includes Walmart, Lowe’s, TJ Maxx, Kohl’s, Meijer, Aldi, Starbucks, Panda Express, Burger King, Qdoba, Wendy’s, Aspen Dental, Pet Smart, Ollie’s Bargain Outlet, McDonald’s, Hobby Lobby, Staples, Applebee’s, Tractor Supply, Kay Jewelers, Five Below, Buffalo Wild Wings, Dunkin Donuts, and many more.

• Located between Detroit and Toledo