9871 Livernois Ave - Fast Food FOR SALE


Detroit, MI 48204
$1,711,000 USD
929-229-2614
9871 Livernois Ave, Detroit, MI for Sale
$1,711,000 USD
Fast Food - FOR SALE
1/9
null | 4.5% Cap Rate

9871 Livernois Ave
Detroit, MI 48204


HIGHLIGHTS

  • 22+ Year Operating History | 12 Years Remaining | Corporate Guaranteed
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Off Interstate 96 |Direct Consumer Base | Drive-Thru Equipped
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• The tenant, Burger King, has operated at this location for 22+ years • 12 years remain on this lease • The Burger King brand is owned by Restaurant Brands International Inc. (TSX, NYSE: QSR), one of the world’s largest quick service restaurant companies with more than $27 billion in system-wide sales and over 29,000 restaurants in more than 100 countries and U.S. territories

FOR SALE DETAILS

PRICE

$1,711,000 USD

PRICE/SF

$804 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King | 22+yr Abs NNN | DriveThru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

Commercial

APN/PARCEL ID

16-018198-210

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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