Bob Evans – Taylor, Mi

Highlights:

• BRAND NEW ABSOLUTE NNN LEASE: 18+ years remaining on initial 20-year Absolute NNN lease with RARE 2% annual rental increases starting in the 5th lease year (May 1, 2027)!
• CORPORATE TENANT: Bob Evans Restaurants, LLC operates ±439 locations in Delaware, Florida, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia & West Virginia
• SEASONED SALES LOCATION: Successfully open & operating for decades with strong sales performance and positive year over year sales trends! **Ask Broker for Details**
• LARGE PARCEL | TRAFFIC COUNTS: Well-positioned on a large ±1.68-acre lot with exceptional visibility/access on Eureka Rd with traffic counts of 41,833 CPD! Conveniently located just east of I-75 with additional exposure to 108,804 CPD!
• 2025 DEMOGRAPHICS: Total Population (5MI): 219,785 | Average Household Income (1MI): $90,934

Description:

Bob Evans has 18+ years remaining on initial 20-year Absolute NNN lease with RARE 2% annual rental increases starting in the 5th lease year (May 1, 2027)! The Tenant,
Bob Evans Restaurants, LLC operates ±439 locations in Delaware, Florida, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia & West Virginia. It is Successfully open & operating for decades with strong sales performance and positive year over year sales trends!
The Asset is Well-positioned on a large ±1.68-acre lot with exceptional visibility/access on Eureka Rd with traffic counts of 41,833 CPD! Conveniently located just east of I-75 with additional exposure to 108,804 CPD! Major retailers in Taylor & surrounding area include Target, Walmart, Home Depot, Meijer, Menards, BJ’s Wholesale Club, Hobby Lobby, Burlington, Kohl’s, T.J. Maxx, Ross Dress for Less, Dick’s Sporting Goods, Dunham’s Sports, Aldi, Michaels, Five Below, Crunch Fitness, and MJR Cinemas. Bob Evans is 11 miles from Henry Ford College - a public community college offering various degrees, programs, associate degrees and training programs with 11,411 students; 12 miles from University of Michigan- Dearborn - a public university offering over 160 major & minor programs, serving 8,104 students; 5 miles from Henry Ford Health Wyandotte Hospital - a 360-bed acute care hospital offering a full range of services including a 24-hour emergency care, adult mental health services, birthing center, general medicine, surgery, physical therapy & rehabilitation, etc.

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