1113 E West Maple Rd | Walled Lake, MI 48390
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1113 E West Maple Rd
Walled Lake, MI 48390
Retail Property For Sale
Investment Highlights
- $8,000 per month, NNN for Years 1-5; $8,800.00 per month, NNN for Years 6-10.
- Franchisee with 11 locations
- Frontage on E. West Maple Road in a heavily populated retail district.
Executive Summary
Existing Burger King Restaurant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,039 SF
Building Class
B
Year Built
1983
Price
$1,450,000
Price Per SF
$477
Cap Rate
6.60%
NOI
$95,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.26 AC
Zoning
C-2 - General Commercial
Parking
51 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
135 FT on West Maple Rd
Amenities
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 17-34-229-018 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $423,690 |
PROPERTY TAXES
Parcel Number
17-34-229-018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$423,690
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