8,069 Square Foot Retail Space For Sale @ 3810 E Cork St

INVESTMENT OPPORTUNITY – 8,069 SF free-standing restaurant on approx. 2.48-acre parcel in Kalamazoo, Michigan. Located adjacent to I-94, The Crew Family Restaurant & Bakery is an independently owned, family-style restaurant which benefits from neighboring hotels, close proximity to I-94 at the Sprinkle Road interchange and average daily interstate traffic of over 59,500. The restaurant serves traditional American food and was recently awarded second place for desserts in WWMT’s Best of West Michigan 2016 online survey. Tenant has a long-term lease through 7/31/23, with an additional five-year option to renew, and the investment offering features an NOI of $90,000, with a 7% cap rate. Conveniently located near Midlink Business Park and Wings Event Center, neighboring tenants include Denny's, Red Roof Inn, Burger King, Arby's, Comfort Inn, Baymont Inn & Suites, Holiday Inn Express and Four Points by Sheraton.