11700 Middlebelt Rd, Livonia, MI
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Ground Lease
Landlord Responsibilities:
Lease Expiration Date:
Approx. 14 years
Renewal Options:
8, Five year
Building Sq. Ft.:
4,995 SF
Rent Increases:
10% every 5 years including options
Site Size:
0.866 Acres

Investment Highlights

  • COMMITMENT: Long term absolute NNN ground lease allows for passive ownership for an investor with zero landlord responsibilities
  • DOUBLE DRIVE-THRU: 27 car stack, double drive-thru allows for efficient ordering and expedited delivery time. Large lot with excess parking and excellent ingress/egress.
  • LOCATION: Site is situated just off the corner of Middlebelt Rd and Plymouth Rd which has a combined VPD of over 62,000
  • DEMOGRAHPICS: Strong local demographics with average household income of over $98,000 within a 1 mile radius
  • TENANT CREDIT: A leading QSR brand nationwide with more than 2,700 restaurants and 170,000 team members, with AUV above $8 million in 2022

Listing Agents

phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]
John Woodcock Stream Capital Partners

John Woodcock

Vice President
503 853 6108
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

In Association with Scott Reid & ParaSell, Inc. | A Licensed Michigan Broker #MI – 6505425224

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