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For Sale

Pizza Hut – Redford

26800 Plymouth Road
Redford, Michigan 48239

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For Sale

Pizza Hut – Redford

26800 Plymouth Road
Redford, Michigan 48239

- Property Information

eCODE 638
County: Wayne
Property Type: NNN Investment, Retail
Total Building SF: ± 2,183 SF
Occupancy Rate: 100%
Sale Price: $605,000
Sale Price Per SF: $277.14

- Property Details

Occupancy Type: Single Tenant
Year Built: 1977
# Acres: .83
Zoning: C1
Parcel ID: 79-039-99-0054-002
Parking Type: Surface
# Spaces: 58
Parking Ratio: 26.56 : 1,000 SF

- Additional Information

  • 100% occupied – Absolute NNN leased Pizza Hut property
  • Long and successful operating history at this location (since 1998)
  • Pizza Hut is one of the largest American restaurant chains and international franchises with over 15,000 locations worldwide
  • Operated by Redberry Resto Brands International – 133+ locations in the U.S and Canada
  • Located in a strong retail trade area that features national tenants McDonald’s CVS, Taco Bell, Long John Silver’s, Checker’s, Arby’s, and many more
  • Very strong demographics and traffic counts in the immediate retail trade corridor
  • Lease expiration: 5/31/2018
  • Two 5 year options with 10% rent increases
  • In-place NOI: $60,500
  • Asking price: 10% CAP: $605,00

- For more information, contact:

Steven Silverman

248.324.2000 Request a call