50670-50680 Gratiot Ave
Chesterfield, MI 48051
Del Taco & Mod Pizza - Brand New Construction · Retail Property For Sale
Property Facts
About 50670-50680 GRATIOT AVE , CHESTERFIELD, MI 48051
- MOD Pizza & Del Taco Owned by Team Schostak Family Restaurants, a 100+ unit local restauranteur - Other Brands Include Applebee' s & Olga' s Kitchen | Guarantee from Del Taco Entity & MOD Pizza Entity - Development Agreement in Place with MOD Pizza for 25 Units - Area Operator for Del Taco Expanding to 40 Units - Brand New 4,837 SF Two Tenant Retail Center - 10 Year NN Leases | Minimal Landlord Responsibilities - 10% Rent Increases at Year 6 & 7.50% at Each Option - Internet Resistant Commercial Real Estate Opportunity - Taxes, Insurance and CAM Expenses are 100% Tenant Expenses - Located Along Gratiot Avenue | Just South of 23 Mile Road - Situated Along Major Retail Corridor | 25,700+ VPD - Out Parcel to Hobby Lobby/Big Lots!/Planet Fitness Retail Center - Adjacent to Meijer | Near Lowe' s, Home Depot & Target - Average Income Exceeds $81,000 Within a 5 Mile Radius - 5 Mile Population Exceeds 97,000 Residents - 3.20% Population Growth by 2020 - Median Home Value Exceeds $181,000 Within a 5 Mile Radius - Near Tenants Incl. Home Depot, Meijer, Target, Lowe' s, Kohl' s, Staples, Michael' s, PetSmart, AutoZone, Discount Tire, Big Lots!, Party City & more
Property Taxes
| Parcel Number | 15-09-20-126-022 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $527,800 |
Property Taxes
