41 W 9 Mile Rd - Fast Food FOR SALE


Hazel Park, MI 48030
$732,800 USD
248-702-0288
41 W 9 Mile Rd, Hazel Park, MI for Sale
$732,800 USD
Fast Food - FOR SALE
1/4
null | 5% Cap Rate

41 W 9 Mile Rd
Hazel Park, MI 48030


HIGHLIGHTS

  • 1,926 SF Single Tenant Tim Horton's w/ Drive-Thru Situated on .45 Acres
  • Absolute "NNN" Net Ground Lease w/ Zero Landlord Responsibilities
  • Over 5 Years of Lease Term Remaining w/ (4) 5-Year Option Periods w/ Rent Increases
  • Situated At The Signalized Intersection of E 9 Mile Rd & N Chrysler Drive | Excellent Visibility w/ Frontage & Signage Along I-75
  • Located at the Entrance Ramp of I-75 Which Has Daily Traffic Counts Exceeding 171,000 Vehicles
  • Positioned Within a Retail Corridor and Surrounded by National Retailers Including Dollar Tree, Kroger, McDonald's, Subway, and Wendy's

OVERVIEW

1,926 SF Single Tenant Tim Horton's w/ Drive-Thru Situated on .45 Acres Absolute "NNN" Net Ground Lease w/ Zero Landlord Responsibilities Over 5 Years of Lease Term Remaining w/ (4) 5-Year Option Periods w/ Rent Increases Situated At The Signalized Intersection of E 9 Mile Rd & N Chrysler Drive | Excellent Visibility w/ Frontage & Signage Along I-75 Located at the Entrance Ramp of I-75 Which Has Daily Traffic Counts Exceeding 171,000 Vehicles Positioned Within a Retail Corridor and Surrounded by National Retailers Including Dollar Tree, Kroger, McDonald's, Subway, and Wendy's Strong 1, 3, and 5-Mile Demographics | Population Exceeds 139,800 Within a 3-Mile Radius and Population Exceeds 389,960 Within a 5-Mile Radius Tim Horton's Is a Global Brand w/ 5,500+ Locations Worldwide Across 13 Countries & Subsidiary of Restaurant Brands International Inc One Of The World's Largest Quick Service Restaurant Companies

FOR SALE DETAILS

PRICE

$732,800 USD

PRICE/SF

$333 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tim Hortons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

BI

APN/PARCEL ID

25-35-228-023

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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