Del Taco | $2,140,000 | 5.75% CAP
» ABSOLUTE-NET LEASE ZERO LANDLORD RESPONSIBILITIES: 7.5 Years Remaining On Corporate-Guaranteed Absolute-NNN Lease Structure Eliminates Landlord Expense Obligations, Including Roof, Structure, Taxes And Maintenance
» 10% INCREASE OCCURRING IN 2.5 YEARS: Scheduled Rental Escalations Provide Contractual NOI Growth Throughout The Primary Term And Extension Periods
» HIGH-VISIBILITY CORNER PARCEL ALONG SOUTHFIELD ROAD (69,460 VPD): Located On A 0.77-Acre Signalized Corner Site With Excellent Access, Prominent Frontage And Dedicated Parking
» ADJACENT TO MAJOR NEW DEVELOPMENT 110,000 SF MIXED USE PROJECT: Property is Adjacent to New Development — Including 7 New Commercial Mixed-Use Retail Buildings, 4-Story Hotel, and Car Wash
» RENOVATED PROTOTYPE LOCATION MODERNIZED IN 2019: Originally Constructed In 2001 And Significantly Renovated In 2019 To Align With Del Taco’s Updated Operating Format
» STRATEGIC ACCESS TO I-94 & MAJOR REGIONAL THOROUGHFARES: The Property Benefits From Immediate Connectivity To I-94, Southfield Road And The Downriver Detroit Transportation Corridor
