7450 Dixie Hwy - Fast Food FOR SALE


Independence Township, MI 48346
$2,228,000 USD
248-419-3840
7450 Dixie Hwy, Independence Township, MI for Sale
$2,228,000 USD
Fast Food - FOR SALE
1/7
null | 7% Cap Rate

7450 Dixie Hwy
Independence Township, MI 48346


HIGHLIGHTS

  • Build-To-Suit
  • Dixie Hwy – 32,500+ VPD
  • Suited For Morning Traffic Flow to I-75
  • Seven Unit Operator

OVERVIEW

Fortis Net Lease is pleased to present this freestanding QSR property leased to Biggby Coffee. Biggby Coffee views this location as a strategic asset in their ongoing expansion efforts. This build-to-suit property offers 1,219 SF of leasable space on a 0.81-acre lot. The lease includes a brand-new 10-year term with two 5-year renewal options. Structured as a NN lease, the property requires limited landlord responsibilities including Roof, Structure, Capital Replacement Items. Additionally, rent increases of $12,000 at each option period. This property represents an ideal opportunity for investors seeking passive, long-term income from a high-quality tenant in a prime location just off Interstate-75.

FOR SALE DETAILS

PRICE

$2,228,000 USD

PRICE/SF

$1,828 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Biggby Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

35,044 SF

ZONING

C-1

APN/PARCEL ID

08-30-251-010

ASK ABOUT THIS PROPERTY

Peyton GascheFortis Net LeaseMore Info
248-419-3840

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Peyton GascheFortis Net LeaseMore Info
248-419-3840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.