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Biggby Coffee 7450 Dixie Hwy 1,219 SF Retail Building Independence Township, MI 48346 $2,939,158 CAD ($2,411.12 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Build-To-Suit
- Suited For Morning Traffic Flow to I-75
- Dixie Hwy – 32,500+ VPD
- Seven Unit Operator
Executive Summary
Fortis Net Lease is pleased to present this freestanding QSR property leased to Biggby Coffee. Biggby Coffee views this location as a strategic asset in their ongoing expansion efforts.
This build-to-suit property offers 1,219 SF of leasable space on a 0.81-acre lot. The lease includes a brand-new 10-year term with two 5-year renewal options. Structured as a NN lease, the property requires limited landlord responsibilities including Roof, Structure, Capital Replacement Items.
Additionally, rent increases of $12,000 at each option period. This property represents an ideal opportunity for investors seeking passive, long-term income from a high-quality tenant in a prime location just off Interstate-75.
This build-to-suit property offers 1,219 SF of leasable space on a 0.81-acre lot. The lease includes a brand-new 10-year term with two 5-year renewal options. Structured as a NN lease, the property requires limited landlord responsibilities including Roof, Structure, Capital Replacement Items.
Additionally, rent increases of $12,000 at each option period. This property represents an ideal opportunity for investors seeking passive, long-term income from a high-quality tenant in a prime location just off Interstate-75.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$213,260
|
$174.95
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$213,260
|
$174.95
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $213,260 |
| Annual Per SF | $174.95 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $213,260 |
| Annual Per SF | $174.95 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,219 SF
Building Class
C
Year Built
2025
Price
$2,939,158 CAD
Price Per SF
$2,411.12 CAD
Cap Rate
7.25%
NOI
$213,089 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.80 AC
Zoning
C-1 - Commercial
Frontage
125’ on Dixie Highway
Amenities
- Restaurant
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-30-251-010 | Improvements Assessment | $265,243 CAD (2025) |
| Land Assessment | $133,852 CAD (2025) | Total Assessment | $399,094 CAD (2025) |
Property Taxes
Parcel Number
08-30-251-010
Land Assessment
$133,852 CAD (2025)
Improvements Assessment
$265,243 CAD (2025)
Total Assessment
$399,094 CAD (2025)
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Biggby Coffee | 7450 Dixie Hwy
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