455 Haggerty Rd - Restaurant FOR SALE
Walled Lake, MI 48390 |
$3,977,039 USD
248-702-0288
455 Haggerty Rd
Walled Lake, MI 48390
HIGHLIGHTS
- Absolute (NNN) Lease | No Landlord Obligations - Location has Been an Applebee's Since 1997 Construction
- Outparcel to Target & Home Depot - Target Undergoing Full Interior and Exterior Remodel
- Lease is Equipped with 10% Rental Escalations in Each Option Period Providing Investors with a Strong Hedge Against Inflation
- 5,182 Square Foot Building on a 1.56 Acre Lot - Easily Retenantable Footprint
- Extremely Dense Residential Infill | 168,200+ People Reside within a 5 Mile Radius
- Household Income within a 1 Mile Radius: $143,900- Phenomenal Demographics
FOR SALE DETAILS
PRICE
$3,977,039 USD
PRICE/SF
$767 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Applebees
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
84
LAND DETAILS
LAND ACRES
1.56 AC
LAND SF
67,954 SF
ZONING
BV
APN/PARCEL ID
17-36-400-020
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248-702-0288
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248-702-0288
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