2141 S I 75 Business Loop | Grayling, MI 49738
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2141 S I 75 Business Loop
Grayling, MI 49738
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The tenant recently completed a renovation to the property, providing value with renovations and improvements that an investor will benefit from.
- This location benefits from the summer travelers driving north on Interstate 75, which runs from Northern Michigan all the way through Detroit.
- The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- HIGH VISIBILTY LOCATION – The subject property sits on the main retail corridor of Grayling off I-75 which sees ±25,719 VPD.
- Wendy’s continues to be a premier restaurant brand with 6,500+ restaurants in the United States and located in 29 countries worldwide.
- HEALTHY RENT TO SALES RATIO – Reach out to broker for more information.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,140 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.30 AC
Zoning
C - Commercial
Parking
48 Spaces (22.43 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 070-017-006-123-00 | Improvements Assessment | $208,800 |
| Land Assessment | $35,900 | Total Assessment | $244,700 |
PROPERTY TAXES
Parcel Number
070-017-006-123-00
Land Assessment
$35,900
Improvements Assessment
$208,800
Total Assessment
$244,700
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