7450 Dixie Hwy - Fast Food FOR SALE


Independence Township, MI 48346
$1,890,000 USD
248-419-3840
7450 Dixie Hwy, Independence Township, MI for Sale
$1,890,000 USD
Fast Food - FOR SALE
1/6
null | 8.25% 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
  • Average Three Mile Home Price - $313,730
  • Five Mile Population – 64,00+ Persons

OVERVIEW

This build-to-suit asset features 1,219 square feet of leasable space situated on a 0.81-acre lot. The lease is secured by a brand-new 10-year primary term with two additional 5-year renewal options. Structured as a modified NNN lease, landlord responsibilities are minimal and limited to roof, structure, and capital replacement items. The lease also includes $12,000 rental increases at each renewal option, providing a built-in hedge against inflation. The tenant, Happy Sprinkles LLC, is operated by two BIGGBY Coffee Area Representatives who provide a personal guarantee on the lease. As Area Representatives, they serve as regional leaders responsible for expanding the brand, recruiting new franchisees, and supporting existing operators, offering both operational expertise and long-term stability. This offering represents an excellent opportunity for investors seeking passive, long-term income backed by an experienced operator in a prime location just off Interstate 75.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$1,550 USD /SF

CAP RATE

8.25%

% 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.