Arby's

2950 Gratiot Blvd Marysville, MI 48040

2950 Gratiot Blvd, Marysville, MI, 48040
2950 Gratiot Blvd, Marysville, MI, 48040
FOR SALE
Property Type:
Free Standing Building
Amount:
$2,247,000
Last Verified:
Feb 23, 2021

Highlights

  • Absolute NNN - Zero Landlord Responsibilities
  • Corporate Guaranteed Lease | ARBY'S RESTAURANT GROUP, INC.,
  • Long Term Lease 10 + Years Remaining
  • 10% Rental Increases Every Five Years | (4) 5 Year Options
  • Long Term Occupancy | Tenant at this Site Since 2005
  • Drive-Through Equipped Site | E-Commerce Resistant Tenant
  • Surrounded by National Retailers Such as: Meijer, Speedway, AutoZone, Taco Bell, Burger King, Fifth Third Bank, Chase Bank, McDonald's & Many More.
  • Located on Heavily Traveled Gratiot Boulevard, St. Clair County's Main Commercial Thoroughfare |Within Minutes of I-94
  • Multiple Points of Ingress & Egress off Gratiot
  • The subject property is located in Marysville, MI, it sits on 1.21 acres and is approximately 2,185 square feet. Arby's has approximately 10 years left on the initial lease term with four option periods. The lease calls for ten percent rental increases every five years.
  • Marysville is a Growing St. Clair County Community
  • The property was constructed in 2005 and is located on heavily traveled Gratiot Boulevard in Marysville, which is a suburban community in Michigan's St. Clair County. Marysville is a growing community with no central downtown. Most of the retail establishments and restaurants are located along Gratiot Boulevard.

Description

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Marysville is a city in St. Clair County of the U.S. state of Michigan. The population was 9,959 at the 2010 census. The municipality was founded in 1919, first as a village, and then later a city in 1924. According to the United States Census Bureau, the city has a total area of 7.9 square miles. Marysville is neighbored by Port Huron to the north, St. Clair to the south, Kimball Township to the west, and Corunna, Ontario to the east.

The city is marked by winding streets, subdivisions, a riverfront boardwalk, and a vibrant industrial park. Marysville has a very developed industrial economy. It houses a major Interstate Polymer factory and Mueller Brass factory. Marysville is also home to Marysville Hydrocarbons, site of a recently completed ethanol plant near the southern city border. Marysville has a growing industrial park, which includes an auto parts (previously Chrysler) factory, an addition to the MOPAR parts distribution center.

St. Clair County has the largest population in The Thumb. Many residents farther north in The Thumb, especially Sanilac County, travel to Port Huron for shopping and work. It is the farthest county to the east in Michigan, and most of the eastern border is the St. Clair River, which separates Michigan from Ontario. For the most part, St. Clair County is flat and agriculturally dominating in the north and west, but also has steep hills and small canyons near the Black River, although manufacturing dominates in and around Port Huron.


Year Built: 2005
Building Size: 2187sq ft
Lot Size: 1.21 acres

Map of 2950 Gratiot Blvd, Marysville, MI, 48040

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