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For Sale

Wendy’s Southfield – Absolute NNN Investment Opportunity

20066 W 8 Mile Road
Southfield, Michigan 48075

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For Sale

Wendy’s Southfield – Absolute NNN Investment Opportunity

20066 W 8 Mile Road
Southfield, Michigan 48075

- Property Information

eCODE 688
County: Oakland
Property Type: Retail
Total Building SF: ± 2,586 SF
Occupancy Rate: 100%
Sale Price: $1,533,913
Sale Price Per SF: $593.16

- Property Details

Occupancy Type: Single Tenant
Year Built: 1980
# Acres: 1.50
Zoning: B-3
Parcel ID: 24-34-479-024
Parking Type: Surface
# Spaces: 58

- Additional Information

  • 100% occupied – Absolute NNN leased Wendy’s restaurant
  • Lease expiration in 2032 plus two 5-year options
  • No landlord responsibilities
  • Multi-unit franchisee operator
  • Strong store sales; entire restaurant remodel is planned
  • Located along the heavily trafficked 8 Mile Road retail corridor
  • Year 1 NOI: $88,200
  • Reduced sale price: $1,533,913

- For more information, contact:

Steven Silverman

248.324.2000 Request a call