Restaurant
Corporate Del Taco - #1 Location in Michigan
14570 Southfield Rd, Allen Park, MI 48101
Listing Price: $2,140,000
Investment Overview
Absolute-Net Lease | Zero Landlord Responsibilities:
7.5 Years Remaining On Corporate-Guaranteed Absolute-NNN Lease Structure Eliminates Landlord Expense Obligations, Including Roof, Structure, Taxes And Maintenance
10% Increase Occurring In 2.5 Years:
Scheduled Rental Escalations Provide Contractual NOI Growth Throughout The Primary Term And Extension Periods
High-Visibility Corner Parcel Along Southfield Road (69,460 VPD):
Located On A 0.77-Acre Signalized Corner Site With Excellent Access, Prominent Frontage And Dedicated Parking
Adjacent To Major New Development | 110,000 SF Mixed Use Project:
Property is Adjacent to New Development — Including 7 New Commercial Mixed-Use Retail Buildings, 4-Story Hotel, and Car Wash
Renovated Prototype Location Modernized In 2019:
Originally Constructed In 2001 And Significantly Renovated In 2019 To Align With Del Taco’s Updated Operating Format
Strategic Access To I-94 & Major Regional Thoroughfares:
The Property Benefits From Immediate Connectivity To I-94, Southfield Road And The Downriver Detroit Transportation Corridor
Investment Highlights
- Absolute-Net Lease | Zero Landlord Responsibilities
- 10% Increase Occurring In 2.5 Years
- High-Visibility Corner Parcel Along Southfield Road (69,460 VPD)
- Adjacent To Major New Development | 110,000 SF Mixed Use Project
- Renovated Prototype Location Modernized In 2019
- Strategic Access To I-94 & Major Regional Thoroughfares
Exclusively Listed By
Broker of Record
Listing Price: $2,140,000
Investment Highlights
- Absolute-Net Lease | Zero Landlord Responsibilities
- 10% Increase Occurring In 2.5 Years
- High-Visibility Corner Parcel Along Southfield Road (69,460 VPD)
- Adjacent To Major New Development | 110,000 SF Mixed Use Project
- Renovated Prototype Location Modernized In 2019
- Strategic Access To I-94 & Major Regional Thoroughfares
Investment Overview
Absolute-Net Lease | Zero Landlord Responsibilities: 7.5 Years Remaining On Corporate-Guaranteed Absolute-NNN Lease Structure Eliminates Landlord Expense Obligations, Including Roof, Structure, Taxes And Maintenance 10% Increase Occurring In 2.5 Years: Scheduled Rental Escalations Provide Contractual NOI Growth Throughout The Primary Term And Extension Periods High-Visibility Corner Parcel Along Southfield Road (69,460 VPD): Located On A 0.77-Acre Signalized Corner Site With Excellent Access, Prominent Frontage And Dedicated Parking Adjacent To Major New Development | 110,000 SF Mixed Use Project: Property is Adjacent to New Development — Including 7 New Commercial Mixed-Use Retail Buildings, 4-Story Hotel, and Car Wash Renovated Prototype Location Modernized In 2019: Originally Constructed In 2001 And Significantly Renovated In 2019 To Align With Del Taco’s Updated Operating Format Strategic Access To I-94 & Major Regional Thoroughfares: The Property Benefits From Immediate Connectivity To I-94, Southfield Road And The Downriver Detroit Transportation Corridor
Exclusively Listed By
Broker of Record