38177 W 10 Mile Rd | Farmington Hills, MI 48335
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- LoopNet Team
38177 W 10 Mile Rd
Farmington Hills, MI 48335
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Wendy’s | Absolute Net | Zero Landlord Responsibilities | 12 Years Remaining
- Wendy’s Corporate Prototype Remodel Plans by End of 2020
- 86,750 People and 79,390 Households in a Five-Mile Radius
- Five Percent Rent Increases in Base and Option Terms | Rent Increase in 2022 | Represents 6.19% Cap Rate
- Franchisee Guarantee | 12 Performing Stores in Michigan
- Located in Farmington Hills | Second-Most Populated City in County | Wealthiest County in State
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,722 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.83 AC
Zoning
BI
Parking
57 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
143’ on 10 Mile Rd
AMENITIES
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 23-30-201-008 | Improvements Assessment | $184,980 |
| Land Assessment | $168,300 | Total Assessment | $353,280 |
PROPERTY TAXES
Parcel Number
23-30-201-008
Land Assessment
$168,300
Improvements Assessment
$184,980
Total Assessment
$353,280
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