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27010 Dequindre Rd
Warren, MI 48092
7-Eleven · Retail Property For Sale
Investment Highlights
- Absolute Triple Net Ground Lease with No Landlord Responsibilities
- Surrounding National Tenancy Driving Retail Demand
- 26+ Years of Proven Performance with New 12-Year Extension
Executive Summary
NNN Pro is pleased to present the exclusive listing for a 7-Eleven located at 27010 Dequindre Road, Warren, Michigan 48092. The site consists of roughly 2174 rentable square feet of building space on an estimated 0.69-acre parcel of land. This 7-Eleven is subject to a 39-year Triple Net (NNN) lease, which commenced 8/15/1999. The current annual rent is $122,448 and has scheduled increases of 10.00% in 2033 & Every 5 Years Thereafter.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,174 SF
Building Class
C
Year Built
2000
Price
$2,226,000
Price Per SF
$1,023.92
Cap Rate
5.50%
NOI
$122,448
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.69 AC
Zoning
C2, Warren
Frontage
Amenities
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 12-13-18-351-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $427,490 |
Property Taxes
Parcel Number
12-13-18-351-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$427,490
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