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1553 N Dixie Hwy
Monroe, MI 48162
Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,069 SF
Building Class
C
Year Built/Renovated
1995/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.18 AC
Zoning
Commerical
Parking
65 Spaces (12.89 Spaces per 1,000 SF Leased)
Frontage
239’ on Dixie Hwy

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage

ABOUT 1553 N DIXIE HWY , MONROE, MI 48162

Fantastic Investment Opportunity. The terms include: • Long term lease with ~16 years remaining • Absolute net lease structure with zero landlord responsibilities • Corporate guarantee with over 700+ locations • 100% Fee Simple Ownership • 2% annual escalations • Four, Five Year renewal options

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-807-001-00
Land Assessment
$176,400
Improvements Assessment
$600,600
Total Assessment
$777,000
  • Listing ID: 15169962

  • Date on Market: 2/13/2019

  • Last Updated:

  • Address: 1553 N Dixie Hwy, Monroe, MI 48162

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