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31150 W 5 Mile Rd
Livonia, MI 48154
Wendy's · Retail Property For Sale
Investment Highlights
- Recently Renovated - This site was renovated into the newest Wendy’s prototype in 2020
- Below Average Rent - The rent at this location is 30% below the average for Wendy’s Restaurants
- Established Location - This location has been a Wendy’s for over 22 years
- Stable Rent to Sales Ratio - This store is operating at a healthy rent to sales ratio, contact broker for more details
- Zero Management Responsibilities - This lease is Absolute NNN making it ideal for an out of state investor
- Global Brand - Wendy’s is the third-largest hamburger chain in the world with 6,600 locations in the United States and 30 other countries worldwide
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,100 SF
Building Class
C
Year Built/Renovated
1964/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.54 AC
Zoning
C-2, Livonia
Parking
25 Spaces (8.06 Spaces per 1,000 SF Leased)
Frontage
115’ on 5 Mile Rd
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 46-055-02-0148-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $300,600 |
Property Taxes
Parcel Number
46-055-02-0148-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$300,600
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