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16815 Middlebelt Rd
Livonia, MI 48152
 Tim Horton · Retail Property For Sale

Retail Spaces Michigan Livonia 16815 Middlebelt Rd, Livonia, MI 48152

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INVESTMENT HIGHLIGHTS

  • Successful Restaurant

EXECUTIVE SUMMARY

This is a and lease for a very successful Tim Horton Restaurant. NO MAINTENANCE! Just sit back and collect on the land. The Tim Horton's has four five year options left on the land lease.
Middlebelt Road and Six Mile Road

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,715 SF
Building Class
C
Year Built
2008
Price
$830,000
Price Per SF
$483.97
Cap Rate
5.83%
NOI
$48,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.80 AC
Zoning
C-2
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
138’ on Middlebelt Rd

AMENITIES

  • Signage
  • Drive Thru

PROPERTY TAXES

Parcel Number 46-053-01-0037-001 Improvements Assessment $0
Land Assessment $0 Total Assessment $264,700

PROPERTY TAXES

Parcel Number
46-053-01-0037-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$264,700
 

  • Listing ID: 5968606

  • Date on Market: 2/16/2017

  • Last Updated:

  • Address: 16815 Middlebelt Rd, Livonia, MI 48152

More public record information on 16815 Middlebelt Rd, Livonia, MI 48152

The Retail Property at 16815 Middlebelt Rd, Livonia, MI 48152 is currently available for Sale. Contact CRS Commercial Real Estate Services for more information.

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