Chick-Fil-A

11700 Middlebelt Rd, Livonia, MI
Deal Type:
Net Lease
Price:
$2,831,325
Cap Rate:
4.15%
Current Rent:
$117,500
Lease Type:
Ground Lease
Landlord Responsibilities:
None
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

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.







    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






      View All Listings