18303 Joy Rd | Detroit, MI 48228
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- LoopNet Team
18303 Joy Rd
Detroit, MI 48228
KFC · Retail Property For Sale
Investment Highlights
- LONG TERM LEASE – 20-year lease has 19+ years remaining, providing a long term and stable investment for a new investor.
- RENTAL INCREASES – There are 7% rental increases every five (5) years, providing an investor a hedge against inflation.
- GREAT DETROIT LOCATION - Located on Joy Road, West of the Southfield Fwy. It is well-positioned in an Urban Infill location with great Visibility & Ac
- ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor
- FRANCHISE GUARANTEE – The lease is guaranteed by FQSR, LLC dba KBP Foods; the largest KFC Franchisee in the United States that operates over 840 locat
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,150 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.63 AC
Zoning
C - Commercial
Frontage
294’ on Joy Road
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 22-00233-951 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $171,000 |
Property Taxes
Parcel Number
22-00233-951
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$171,000
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