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8020 Allen Rd
Allen Park, MI 48101
KFC · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITY | 10% RENT INCREASES EVERY 5 YEARS
- UNIQUE MARKET POSITION | RETAIL AND COMMERCIAL GROWTH
- ESTABLISHED RETAIL TRADE AREA
- BELOW-MARKET RENT & SOLID RENT COVERAGE
- STRONG CONSUMER BASE | PROXIMITY TO MAJOR EMPLOYERS
- STRONG EDUCATIONAL PRESENCE DRIVING DAILY TRAFFIC
EXECUTIVE SUMMARY
The Northmarq National Restaurant Group is pleased to present this single-tenant KFC located at 8020 Allen Road in Allen Park, Michigan. The property operates under an absolute NNN lease with approximately 18 years remaining and four five-year renewal options. With no landlord responsibilities and 10 percent rental increases every five years, the asset offers stable long-term income and predictable growth backed by a nationally recognized quick-service restaurant brand.
Leased at just seventy-two thousand dollars annually, roughly forty percent below Michigan’s average QSR rent, it has considerable upside if you were faced with a releasing opportunity. However, it has one of the longest remaining lease terms among KFCs in the state of Michigan, so the long-term security is in place, either way.
Positioned along Allen Road with visibility to more than twenty-five thousand vehicles per day, the site benefits from strong surrounding demographics and major employment drivers, including Ford’s Michigan Assembly Plant and Beaumont Hospital. The property is surrounded by dense residential neighborhoods and national retailers such as Meijer, Target, and Chick-fil-A at Fairlane Green, creating consistent daily traffic and supporting a durable investment in a proven Detroit metro corridor.
Leased at just seventy-two thousand dollars annually, roughly forty percent below Michigan’s average QSR rent, it has considerable upside if you were faced with a releasing opportunity. However, it has one of the longest remaining lease terms among KFCs in the state of Michigan, so the long-term security is in place, either way.
Positioned along Allen Road with visibility to more than twenty-five thousand vehicles per day, the site benefits from strong surrounding demographics and major employment drivers, including Ford’s Michigan Assembly Plant and Beaumont Hospital. The property is surrounded by dense residential neighborhoods and national retailers such as Meijer, Target, and Chick-fil-A at Fairlane Green, creating consistent daily traffic and supporting a durable investment in a proven Detroit metro corridor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,240 SF
Building Class
B
Year Built
1974
Price
$1,747,935 CAD
Price Per SF
$780.33 CAD
Cap Rate
5.75%
NOI
$100,506 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.26 AC
Zoning
C 4
Parking
25 Spaces (11.16 Spaces per 1,000 SF Leased)
Frontage
94’ on Allen Rd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 30-025-01-0088-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $242,085 CAD |
PROPERTY TAXES
Parcel Number
30-025-01-0088-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$242,085 CAD
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