20240 Plymouth Rd - Fast Food FOR SALE


Detroit, MI 48228- Cody
$575,000 USD
248-688-0630
20240 Plymouth Rd, Detroit, MI for Sale
$575,000 USD
Fast Food - FOR SALE
1/3
null | Request Cap Rate

20240 Plymouth Rd
Detroit, MI 48228
Cody


HIGHLIGHTS

  • Excellent Redevelopment Opportunity | B-4 General Business Zoning | Former National QSR Site
  • Located Along Plymouth Road | Drive-Thru Equipped | Intersects with State Highway 39 (173,000 VPD | Quick Access to Interstate 96 (169,100 VPD)
  • Nearby Major Retail Corridor | Close Proximity to Major Employers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The former national QSR tenant no longer occupies the building and is not paying rent • Property is zoned B-4 General Business, providing for a wide range of retail and business uses • Per the 2023 Tax Bill, property taxes equaled $8,019

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Burger King | DriveThru Equipped

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

R1

APN/PARCEL ID

22-0055979

ASK ABOUT THIS PROPERTY

Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.