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27010 Plymouth Rd 1,218 SF Retail Building Redford, MI 48239 $413,678 CAD ($339.64 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 8% Cap Rate - Affordable Investment
  • Excellent visibility
  • Ample Parking

EXECUTIVE SUMMARY

Affordable, income-producing investment featuring an 8% cap rate. The property is occupied by al burger franchise with a secure lease term extending through December 2029.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,218 SF
Building Class
B
Year Built/Renovated
1955/1995
Price
$413,678 CAD
Price Per SF
$339.64 CAD
Cap Rate
8%
NOI
$33,094 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
C1- Commercial Improved
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
100’ on Plymouth Rd

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Planet Fitness
Checkers
Storage Sense
Comerica
WW - Weight Watchers
Leo's Coney Island
Sunbelt Rentals-climate Control
Tim Hortons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-039-01-0023-300
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$126,172 CAD
  • Listing ID: 38726887

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 27010 Plymouth Rd, Redford, MI 48239

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