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    20465 Eureka Rd Taylor, MI 48180

    For Sale
    $2,938,000

    Long-term NNN lease with annual rent increases and strong sales.

    Property size:
    5,602 SF
    Lot size:
    1.57 Acres

    Property Features for 20465 Eureka Rd

    General Information

    Size
    5,602 SF
    Lot size
    1.57 Acres

    Source: Commercial Investment Advisors (CIA) - Corporate Agent Justin Zahn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bob Evans NNN Investment Opportunity

    This property features a brand new absolute NNN lease with over 18 years remaining on an initial 20-year term. The lease includes rare 2% annual rental increases starting in the 5th year, specifically May 1, 2027. The location has been successfully operating for decades, demonstrating strong sales performance and positive year-over-year sales trends. The property is occupied by Bob Evans Restaurants, LLC, which operates approximately 439 locations across multiple states. Situated on a large approximately 1.68-acre lot, the property benefits from exceptional visibility and access on Eureka Rd, which sees traffic counts of 41,833 cars per day. Its location just east of I-75 provides additional exposure to 108,804 cars per day. The property is 5,602 square feet. The surrounding area has a significant population, with 219,785 residents within a 5-mile radius, and an average household income of $90,934 within a 1-mile radius, based on 2025 demographics.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bob Evans American Restaurant Contingent Network Services Computer Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Denny's

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2343217
    Latitude
    42.1977792

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    FAQs

    What type of property is this?
    Breakfast & diner - Long-term NNN lease with annual rent increases and strong sales.
    Where is this breakfast & diner located?
    The property is located at 20465 Eureka Rd Taylor, MI.
    What is the asking price?
    The asking price for this property is $2,938,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Enjoy a long-term, low-management investment with 18+ years remaining on a 20-year lease.; - Rare 2% Annual Rental Increases: Starting in 2027, the lease includes 2% annual rental increases, enhancing investment returns.; - High Traffic Location: Situated on Eureka Rd with 41,833 CPD and near I-75 with 108,804 CPD, ensuring high visibility.
    (480) 718-5555
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    20465 Eureka Rd Taylor, MI 48180
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    Taylor, MI 48180
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20465 Eureka Rd Taylor, MI 48180
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