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27010 Plymouth Rd
Redford, MI 48239
Retail Property For Sale


Investment Highlights
- 8% Cap Rate - Affordable Investment
- Excellent visibility
- Ample Parking
Executive Summary
Affordable, income-producing investment featuring an 8% cap rate. The property is occupied by al burger franchise with a secure lease term extending through December 2029.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,218 SF
Building Class
B
Year Built/Renovated
1955/1995
Price
$299,999
Price Per SF
$246.30
Cap Rate
8%
NOI
$24,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
100’ on Plymouth Rd
Amenities
- Signage
Property Taxes
| Parcel Number | 79-039-01-0023-300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $91,500 |
Property Taxes
Parcel Number
79-039-01-0023-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$91,500
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