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Biggby Coffee 7450 Dixie Hwy 1,219 SF Retail Building Independence Township, MI 48346 $2,150,000 ($1,763.74/SF) 7.25% Cap Rate
Investment Highlights
- Build-To-Suit
- Suited For Morning Traffic Flow to I-75
- Dixie Hwy – 32,500+ VPD
- Seven Unit Operator
Executive Summary
Fortis Net Lease is pleased to present this freestanding QSR property leased to Biggby Coffee. Biggby Coffee views this location as a strategic asset in their ongoing expansion efforts.
This build-to-suit property offers 1,219 SF of leasable space on a 0.81-acre lot. The lease includes a brand-new 10-year term with two 5-year renewal options. Structured as a NN lease, the property requires limited landlord responsibilities including Roof, Structure, Capital Replacement Items.
Additionally, rent increases of $12,000 at each option period. This property represents an ideal opportunity for investors seeking passive, long-term income from a high-quality tenant in a prime location just off Interstate-75.
This build-to-suit property offers 1,219 SF of leasable space on a 0.81-acre lot. The lease includes a brand-new 10-year term with two 5-year renewal options. Structured as a NN lease, the property requires limited landlord responsibilities including Roof, Structure, Capital Replacement Items.
Additionally, rent increases of $12,000 at each option period. This property represents an ideal opportunity for investors seeking passive, long-term income from a high-quality tenant in a prime location just off Interstate-75.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$156,000
|
$127.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$156,000
|
$127.97
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $156,000 |
| Annual Per SF | $127.97 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $156,000 |
| Annual Per SF | $127.97 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,219 SF
Building Class
C
Year Built
2025
Price
$2,150,000
Price Per SF
$1,763.74
Cap Rate
7.25%
NOI
$155,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.80 AC
Zoning
C-1 - Commercial
Frontage
125’ on Dixie Highway
Amenities
- Restaurant
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-30-251-010 | Improvements Assessment | $194,000 (2025) |
| Land Assessment | $97,900 (2025) | Total Assessment | $291,900 (2025) |
Property Taxes
Parcel Number
08-30-251-010
Land Assessment
$97,900 (2025)
Improvements Assessment
$194,000 (2025)
Total Assessment
$291,900 (2025)
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Biggby Coffee | 7450 Dixie Hwy
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