424 Twelve Mile rd | Madison Heights, MI 48071
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
424 Twelve Mile rd
Madison Heights, MI 48071
Chipotle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Zero landlord responsibilities – Chipotle self-maintains CAM, taxes, and insurance and is fully responsible for all capital repairs and replacements.
- BRAND NEW 2024 CONSTRUCTION WITH HIGH-CAPACITY DRIVE-THRU – The Property is a new 2024 construction with Chipotle’s latest building prototype.
- STRONG MARKET DEMOGRAPHICS – Located around 10 miles from downtown Detroit, Madison Heights is extremely dense.
- LOWE’S AND HOME DEPOT ANCHORED TRADE AREA – Surrounded by major national retailers including Lowe’s, Home Depot, BJ’s, Starbucks, McDonald’s.
- EXCELLENT VISIBILITY AND ACCESSIBILITY – Situated along Twelve Mile Road, the trade areas primary commercial thoroughfare with excellent visibility.
- 10% RENT INCREASES EVERY 5 YEARS – Lease features attractive 10% rental increases every 5 years in base term and in each option period
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,387 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.82 AC
Zoning
Commercial
AMENITIES
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | 25-11-476-015 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,037,730 |
PROPERTY TAXES
Parcel Number
25-11-476-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,037,730
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
