22069 Farmington Rd Farmington Hills, MI 48336

This exceptional investment opportunity presents a 2,574 square foot single-tenant 7-Eleven situated on a 0.23-acre lot in Farmington Hills, MI, zip code 48336, at 22069 Farmington Rd. The property benefits from a recently signed seven-year lease extension with two five-year option periods, each including a 12% rental increase. This demonstrates the tenant's strong commitment to the location, where they have operated for over 49 years. The property operates under an absolute "NNN" net lease, eliminating all landlord responsibilities. The 24-hour convenience store offers beer, wine, and liquor, catering to a substantial customer base. The surrounding area boasts strong demographics, with over 208,000 people residing within a five-mile radius and an average household income exceeding $85,951. High traffic counts of over 17,700 vehicles per day further enhance the property's appeal. The lease is guaranteed by 7-Eleven Inc., an investment-grade company with an S&P "A" rating and a Moody's Baa2 rating. Farmington Hills consistently ranks among the safest and highest-income cities in both Michigan and the United States, providing a stable and desirable market for this investment. The net operating income is $57,420. This is a turnkey investment with significant upside potential.