About This Restaurant
Investment Highlights
High Visibility & Frontage on W. Chicago Blvd. Adjacent to Tecumseh High School | $33M State-of-the-Art High School | Over 1,000 Students Attending 27k+ Vehicles per Day Strong Store Sales Year-over-Year
Executive Summary
A golden Burger King investment opportunity on the market and a Carroll's Corporate Guarantee backing this property. With a 20-year original lease term and 6 years still remaining, it's a solid long-term investment.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,850
- Building Class C
- Year Built 2002
- Price 1,100,000
- Price Per SF 386
- Cap Rate 6.15
- NOI 67,625
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 0.90 AC
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | XT0-133-1250-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $511,300 |
| Date Created: | 2024-07-16 04:16:18 | Last Updated: | 2024-07-16 04:16:18 |
| Address: | 837 W Chicago Blvd , Tecumseh, Michigan, 49286 | ||