1113 West Maple RdWalled Lake, MI 48390

  • Retail properties
  • 3,039 SF
For Sale
$1,450,000 View listing

Property Details for 1113 West Maple Rd

Year built
1983
Lot size
1.26 AC
Property size (Sq ft)
3,039 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a freestanding Burger King restaurant located at 1113 E West Maple Rd, Walled Lake, MI 48390. The property boasts 3,039 square feet situated on a 1.26-acre lot, offering ample space for operations and 51 parking spaces for customer convenience. Built in 1983, the building is zoned B1 and C-2 - General Commercial, allowing for flexibility. The property features a strong cap rate of 6.60% and is offered at an asking price of $1,450,000, translating to a land value of $477.13 per acre. The current lease agreement is a NNN lease, providing a predictable income stream. The franchisee operates 11 locations. The lease terms are structured as follows: $8,000 per month, NNN for years 1-5

1113 West Maple Rd, Walled Lake, Michigan

Location Insight

City
Walled Lake
County
Oakland
State
Michigan
Latitude
42.5385
Longitude
-83.4786

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