479 N Telegraph Rd | Waterford, MI 48328
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479 N Telegraph Rd
Waterford, MI 48328
Red Lobster - Absolute NNN Corporate Guaranty · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease – zero landlord responsibilities
- Attractive 2% annual increases
- Red Lobster is the largest seafood restaurant company in the world
- Over 17 years remaining on lease
- Corporate Guaranty (Red Lobster Intermediate Holdings LLC)
- Adjacent to Oakland Pointe Shopping Center (31 store shopping mall)
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,100 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.11 AC
Zoning
BI
Parking
85 Spaces (9.34 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 13-24-478-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $703,070 |
Property Taxes
Parcel Number
13-24-478-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$703,070
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