2299 Elizabeth Lake Rd - Fast Food FOR SALE
Waterford, MI 48328 |
2299 Elizabeth Lake Rd
Waterford, MI 48328
HIGHLIGHTS
- Vacant former restaurant on corner lot with huge pylon signage, drive-thru, and bypass lane.
- Value-add opportunity with owner/user, lease-out, or redevelopment options.
- With 290 feet of combined visibility on Elizabeth Lake Rd and N Josephine Ave seeing a combined 18,622 cars per day.
- Some 29 shopping centers in a 2-mile radius with many national retailers.
- There are 166,565 people in a 5-mile radius who spend over $1.9 billion annually with around a third spent on food and alcohol.
- Less than a half mile from Telegraph Road (US 24) running from Bedford Township at the Michigan/Ohio border through Metro Detroit.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Value-Add Fast-Food with Drive-Thru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
566
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
13-25-404-034,13-25-404-035
