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16815 Middlebelt Rd
Livonia, MI 48152
 Tim Horton · Retail Property For Sale

Retail Spaces Michigan Livonia 16815 Middlebelt Rd, Livonia, MI 48152

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INVESTMENT HIGHLIGHTS

  • Successful Restaurant

EXECUTIVE SUMMARY

This is a and lease for a very successful Tim Horton Restaurant. NO MAINTENANCE! Just sit back and collect on the land. The Tim Horton's has four five year options left on the land lease.
Middlebelt Road and Six Mile Road

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,715 SF
Building Class
C
Year Built
2008
Price
$1,142,819 CAD
Price Per SF
$666.37 CAD
Cap Rate
5.83%
NOI
$66,641 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.80 AC
Zoning
C-2
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
138’ on Middlebelt Rd

AMENITIES

  • Signage
  • Drive Thru

PROPERTY TAXES

Parcel Number 46-053-01-0037-001 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $373,253 CAD

PROPERTY TAXES

Parcel Number
46-053-01-0037-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$373,253 CAD
 

  • Listing ID: 5968606

  • Date on Market: 2017-02-16

  • Last Updated:

  • Address: 16815 Middlebelt Rd, Livonia, MI 48152

The Retail Property at 16815 Middlebelt Rd, Livonia, MI 48152 is currently available for Sale. Contact CRS Commercial Real Estate Services for more information.

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