Bob Evans - MI | Abs NNN with 18+ Yrs of Term | 2% Annual Bumps

Highlights:

• Desirable Location Dynamics - strategically positioned at a high-exposure corner and shadow-anchored by The Home Depot, the Property benefits from exceptional frontage and visibility along E Pickard St (20,000+ VPD) and the primary ingress/egress point to US 127 (22,100+ VPD), ensuring a steady flow of consumer traffic and strong retail synergy
• True Passive Income - backed by a corporate guarantee from Bob Evans (See Page 5), this Absolute NNN lease requires no landlord responsibilities and boasts 18+ years of remaining term, offering investors a dependable and secure income stream with passive, hands-off management
• Critical Community Convergence Point - immediately surrounding economic drivers and retailers include The Home Depot, Meijer, Soaring Eagle Casino, Resort & Waterpark, Mt. Pleasant Municipal Airport, Tractor Supply, Harbor Freight, Verizon, McDonald’s, Ruth’s Chris Streak House, and Starbucks, amongst a plethora of other national, regional, and local brands and concepts

Description:

Current Real Estate Advisors is pleased to present an exceptional investment opportunity – Bob Evans in Mount Pleasant, MI (the “Property”). This ±5,610 SF freestanding, single-tenant asset is situated on a generous 2.06-acre parcel and offers the security of an Absolute NNN lease, providing investors with zero landlord responsibilities. With 18+ years remaining on the initial lease term, four 5-year renewal options, and built-in 2% annual rent increases, this asset ensures long-term income stability and a strong hedge against inflation.

Strategically positioned as an outparcel to The Home Depot, the Property benefits from a prime signalized, hard corner location along E Pickard St (20,000+ VPD) with excellent visibility and direct access to US 127 (22,100+ VPD). This established retail corridor enhances both accessibility and consumer draw, further supported by a thriving local workforce and residential base. Additionally, the Property is just minutes from Central Michigan University, home to over 12,000 students and faculty, adding to the steady stream of potential customers.

This offering presents investors with a truly passive, management-free income stream backed by a nationally recognized brand and strong real estate fundamentals – delivering both immediate cash flow and long-term financial security.

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