Long John Silver’s

Investment Overview

Investment Highlights

• Acquire a passive net lease investment backed by an Absolute NNN lease structure, where the tenant is responsible for the roof, HVAC, parking lot, CAM, taxes, and insurance. With over 8 years of remaining lease term and two 5-year renewal options, this asset offers stable, predictable cash flow with virtually no landlord obligations.
• The property is leased to LJS Opco One, LLC with a corporate guaranty, providing investors with enhanced income security. Built-in 10% rent increases every five years create a clear path for long-term revenue growth while preserving the investment's value over time.
• This well-maintained 1,796-square-foot free-standing restaurant sits on a generous 1.3-acre site, providing excellent visibility, ample customer parking, strong curb appeal, and long-term flexibility within one of Muskegon's established commercial corridors.
• Strategically positioned along a heavily traveled commercial corridor in Muskegon, the property benefits from significant daily traffic, excellent accessibility, and a strong surrounding customer base. Its prominent location enhances tenant performance while supporting long-term investment stability.
• Long John Silver's is an established quick-service seafood brand founded in 1969, serving customers through hundreds of locations and generating approximately $328 million in annual revenue. The company's long operating history and strong brand recognition make it an attractive net lease tenant.
• The property is positioned within a well-established trade area serving more than 96,000 residents within a 5-mile radius, supported by nearly 39,000 households and an average household income exceeding $71,000, providing a solid foundation for sustained retail demand.
• Thoughtfully maintained and updated, this property offers investors a move-in-ready retail asset with attractive curb appeal, excellent functionality, and a generous on-site parking field that enhances the customer experience. Its well-maintained condition helps minimize future capital concerns while supporting tenant satisfaction and preserving long-term asset value.