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25901 Hoover Rd
Warren, MI 48089
Red Lobster · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long-Term, Absolute Triple-Net (NNN) Lease with Approximately 24 Years Remaining on the Base Term
  • Attractive Rental Increases of Two Percent (2.00%) Annually
  • Corporate Tenant | Corporate Guaranty

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,583 SF
Building Class
B
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.47 AC
Zoning
TAVERN
Parking
125 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
189’ on Hoover Rd

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-13-22-432-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$435,970
  • Listing ID: 20469226

  • Date on Market: 7/31/2020

  • Last Updated:

  • Address: 25901 Hoover Rd, Warren, MI 48089

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