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1120 W 14 Mile Rd

2,739 SF Retail Building Clawson, MI 48017 $1,357,143 ($495/SF) 7% Cap Rate

Retail Space Michigan Clawson 1120 W 14 Mile Rd, Clawson, MI 48017

Investment Highlights

  • Established franchise brand with proven financial performance.
  • Prime location right on 14 Mile Rd.
  • Ample parking for customers and high visibility for foot traffic.

Executive Summary

Fortis Net Lease is pleased to present a Del Taco located at 1120 W 14 Mile Rd in Clawson, Michigan. This is an exceptional opportunity for retail/restaurant investors. This 2,739 SF building, constructed in 1982, offers a prime location in the BI zoned area. Boasting one unit, this property provides ample space for a retail store or restaurant with a welcoming atmosphere for clientele. The versatile layout and prime location on 14 Mile Rd make it a standout investment, as this Del Taco benefits from excellent visibility and accessibility. The location enjoys substantial foot and vehicular traffic, driving consistent customer flow and maximizing potential sales. Additionally, this Del Taco location has demonstrated consistent performance and profitability, making it a reliable investment with a history of successful operations. Don't miss the chance to make this space your own and capitalize on the thriving community in Clawson!

Attachments

Del Taco - Clawson_ MI - Fortis OM

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,739 SF
Building Class
C
Year Built
1982
Price
$1,357,143
Price Per SF
$495
Cap Rate
7%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.68 AC
Zoning
B-1 - Local Business District
Parking
51 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
149 FT on 14 Mile Rd

Amenities

  • Pylon Sign
  • Drive Thru
  • Air Conditioning
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1120 W 14 Mile Rd, Clawson, MI - aerial map view - Image1
1120 W 14 Mile Rd, Clawson, MI - aerial map view - Image2
1120 W 14 Mile Rd, Clawson, MI - aerial map view - Image3
1120 W 14 Mile Rd, Clawson, MI - aerial map view - Image4
1120 W 14 Mile Rd, Clawson, MI - aerial map view - Image5
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Huntington National Bank
Citizens Bank
Checkers
ALDI
Chicken Shack
Tim Hortons
KeyBank
PNC Bank
Meijer
Biggby Coffee

PROPERTY TAXES

Parcel Number 20-33-354-035 Improvements Assessment $0
Land Assessment $0 Total Assessment $446,810

PROPERTY TAXES

Parcel Number
20-33-354-035
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$446,810
(248) 970-2242

Contact

  • Listing ID: 33301717

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 1120 W 14 Mile Rd, Clawson, MI 48017

More public record information on 1120 W 14 Mile Rd, Clawson, MI 48017

The Retail Property at 1120 W 14 Mile Rd, Clawson, MI 48017 is currently available for sale. Contact Fortis Net Lease for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1120 W 14 Mile Rd
(248) 970-2242 x

1120 W 14 Mile Rd

Dave DesMarais

(248) 970-2242

(248) 970-2242

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