• 38177 W 10 Mile Rd, Farmington, MI 48335

For Sale

Retail

For Sale

This property is available for sale
0.06
Acres
$1,589,000
Sale Price
  • Year Built
    1979
  • Overview

    100% Occupied 

    2,722 Square Feet
    Year 1 NOI: $88,200
    Lease Type: Absolute Net
    Twelve Years Remaining of a Twenty Year Lease Term
    Drive-Thru Restaurant
    Five Percent Rent Increases in Base and Option Periods

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Property Details

Investment Opportunity > Absolute Net Wendy’s For Sale

100% Occupied 

2,722 Square Feet
Year 1 NOI: $88,200
Lease Type: Absolute Net
Twelve Years Remaining of a Twenty Year Lease Term
Drive-Thru Restaurant
Five Percent Rent Increases in Base and Option Periods

  • Property Type
    Retail
  • Submarket
  • Year Built
    1979
  • Sale Price
    $1,589,000
  • Total Acres
    0.06
  • Cap Rate
    6.0%
  • Number of Floors
    1
  • Zoning
    BI
  • Property ID
    2168896

Landlord's Sales Representatives

  • Raymond Jonna
    Colliers | Birmingham, MI
     
  • Simon Jonna
    Colliers | Birmingham, MI