Del Taco
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14570 SOUTHFIELD ROAD, ALLEN PARK, MI 48101
PROPERTY INFORMATION
Price:
$1,947,826
Cap Rate:
5.75%
Term Remaining:
15 years Years
Year Built:
2019
Status:
Available
INVESTMENT HIGHLIGHTS
- Lease Guaranteed by DT Venture, LLC & Rare Personal Guarantee from CEO of TEAM Schostak Family Restaurants - 100+ Unit Operator & Large Property Developer: http://www.schostak.com/ & teamschostak.com
- New 15 Year Absolute NNN Lease | No Landlord Responsibilities
- Two, Ten Year Options | 10% Rent Increases Every 5 Years Including Options
- Brand New ~2,300 SF Del Taco Restaurant on .77 Acres
- Very Densely Populated Area with Over 268,000 Residents Within 5 Miles
- 5 Mile Median Home Value Exceeds $88,000