For Sale
$1,620,000

9895 Telegraph Rd Taylor, MI 48180

High-return QSR investment. Strong tenant, long lease.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 2,900-square-foot, free-standing, Class A retail building in Taylor, Michigan. Currently occupied by a Buffalo Wild Wings GO, a first-to-market concept in Southeast Michigan, this property boasts a strong 10-year lease (commencing July 1, 2022, and expiring June 30, 2032), with 7.6 years remaining. The lease is a triple-net (NNN) agreement with a single tenant, ensuring minimal landlord responsibilities. The property features a 6.00% cap rate and a substantial net operating income (NOI) of $97,200. Built in 1967 and extensively renovated in 2024, this single-story building sits on a prominent Telegraph Road location in Wayne County, Michigan, within the B3 zoning district. The lease includes four 5-year options, each with a 12.5% rent increase. This stabilized investment offers a secure and lucrative return for a discerning buyer. The property's 100% occupancy and strong tenant history make it an ideal addition to any portfolio. The building's 2,900 square feet of net rentable space is perfectly suited to the current tenant's operations. This is a turnkey investment opportunity with significant upside potential.

Highlights

  • 2,900 SF Class A free-standing retail building in Taylor, MI.
  • Strong 10-year NNN lease with Buffalo Wild Wings GO (7.6 years remaining).
  • 6.00% cap rate and $97,200 NOI.
  • Prominent Telegraph Road location in Wayne County, MI (B3 zoning).
  • Four 5-year lease options with 12.5% rent increases each.

Property Details for 9895 Telegraph Rd

Property type
Retail properties, Restaurants
Square Feet
2,900 SF
Class
A
Year Built/Renovated
1967/2024
Buildings
1
Stories
1
Units
2

Location Insight

City
Taylor
County
Wayne
State
Michigan
Latitude
42.2347382
Longitude
-83.2687254

FAQs

What type of property is this?
Retail property - High-return QSR investment. Strong tenant, long lease.
Where is the retail property located?
The property is located at 9895 Telegraph Rd Taylor, MI.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: 2,900 SF Class A free-standing retail building in Taylor, MI.; Strong 10-year NNN lease with Buffalo Wild Wings GO (7.6 years remaining).; 6.00% cap rate and $97,200 NOI.
How can I contact the broker?
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9895 Telegraph Rd
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