58,806 Square Foot Retail Space For Sale @ 29177 Southfield Rd, Southfield, MI 48076

29177 Southfield Rd, Southfield, MI 48076

Listing Details

The Jonna Group of Marcus & Millichap is pleased to present for sale a single-tenant freestanding Applebee's restaurant located in Southfield, Michigan. The property consists of 5,430 square feet of building area and is situated on a 1.35-acre lot. The property is subject to an attractive 20-year Absolute NNN lease with over 17 years remaining on its base term. The current rent is $220,000 with 10 percent rent escalations every 5 years, as well as increases that continue through the two option periods.

Listing company: The Jonna Group

Pricing: Contact for Pricing

Availability: Now

Listing ID: 1042365

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Sale Price: $0

Size: 58,806 square feet

Type: Retail Space

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