1553 N Dixie Hwy | Monroe, MI 48162
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1553 N Dixie Hwy
Monroe, MI 48162
Absolute NNN Red Lobster - Monroe MI · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease – zero landlord responsibilities
- Attractive 2% annual increases
- Red Lobster is the largest seafood restaurant company in the world
- Over 17 years remaining on lease
- Corporate Guaranty (Red Lobster Intermediate Holdings LLC)
- Located at the intersection of I-75 and Dixie Hwy with frontage on N Dixie Hwy
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,069 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.18 AC
Zoning
Commerical
Parking
65 Spaces (12.89 Spaces per 1,000 SF Leased)
Frontage
239 FT on Dixie Hwy
Amenities
- Corner Lot
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 07-807-001-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $699,100 |
PROPERTY TAXES
Parcel Number
07-807-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$699,100
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