20465 Eureka Rd - Restaurant FOR SALE
Taylor, MI 48180 |
$2,938,000 USD
480-718-5555
20465 Eureka Rd
Taylor, MI 48180
HIGHLIGHTS
- BRAND NEW ABSOLUTE NNN LEASE: 18+ years remaining on initial 20-year Absolute NNN lease with RARE 2% annual rental increases
- CORPORATE TENANT: Bob Evans Restaurants, LLC operates ±439 locations
- SEASONED SALES LOCATION: Successfully open & operating for decades with strong sales performance and positive year over year sales trends
- LARGE PARCEL | TRAFFIC COUNTS: Well-positioned on a large ±1.68-acre lot with exceptional visibility/access on Eureka Rd
- Conveniently located just east of I-75 with additional exposure to 108,804 CPD!
- 2025 DEMOGRAPHICS: Total Population (5MI): 219,785 | Average Household Income (1MI): $90,934
FOR SALE DETAILS
PRICE
$2,938,000 USD
PRICE/SF
$527 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BOB EVANS (CORP NNN LEASE) – TAYLOR, MI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Bank, Fast Food, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.68 AC
LAND SF
73,181 SF
ZONING
C
APN/PARCEL ID
60-093-99-0004-001
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480-718-5555
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480-718-5555
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