The subject property is a Boston Market restaurant located 20 miles southeast of Grand Rapids in Holland, Michigan. The site benefits from its location on US Highway 31, which carries approximately 31,000 vehicles per day. Boston Market is located on 1.59 acres, on a hard corner in near a Meijer’s Superstore and across the street from Menard’s Home Improvement. Notable retailers in the area include Bob Evans, Denny’s, Wendy’s, Burger King, McDonald’s, Holiday Inn, Econo Lodge, Super 8 Motel and Holland 7 Theater. This price is reported to be well below the current market rates.

Tenant: Wachovia Corporation
Boston Market Corporation, based in Golden, Colo., is a leader in the fast-casual restaurant category, providing time-pressed consumers with great-tasting, convenient meals. The company has translated its passion for fresh, great-tasting food into two distinctly different concepts. Boston Market restaurants - 630 locations in 28 states - are noted for their easy, convenient, home-style meals. Boston Market also teams up with supermarket partners to provide one-stop shopping for today’s busy consumer. Boston Market has formed alliances with major regional supermarket chains to provide restaurant-quality meals in supermarket delis. H.J. Heinz Company, one of the world’s leading marketers of branded foods for supermarkets, manufactures a Boston Market line of frozen entrees and jarred gravies. Sun Capital Partners is a major private equity investor aggressively buying undervalued companies and bringing in outside management and infusing new capital. Sun owns Bruegger’s Bagels, Fazoli’s, Garden Fresh, Souper Salad and Friendly’s Restaurants.