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32811 Stephenson Hwy
Royal Oak, MI 48073
McDonald's · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease | No Landlord Responsibilities
- 5% Rent Bump in 2026 During Initial Lease Term
- 3 Mile Population Exceeds 108,373 Residents
- McDonald's Exercised Early Option
- Corporate Guarantee | S&P Rating 'BBB+"
- Average Daily Traffic Counts Exceed 25,000 VPD
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,784 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.05 AC
Zoning
C-1 - Commercial
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
150’ on Stephenson Hwy
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 25-02-101-061 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $201,000 |
Property Taxes
Parcel Number
25-02-101-061
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$201,000
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