Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    18001 E 9 Mile Rd Eastpointe, MI 48021

    For Sale
    $2,644,068

    NNN leased restaurant property with a strong franchisee guarantee.

    Property size:
    3,154 SF
    Lot size:
    0.90 Acres

    Property Features for 18001 E 9 Mile Rd

    General Information

    Size
    3,154 SF
    Lot size
    0.90 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

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

    Overview

    Eastpointe NNN Leased Restaurant

    This property is subject to a 20-year triple net lease (NNN) with zero landlord responsibilities. The lease includes attractive rental increases, defined as the lesser of the change in CPI or 1.50% annually. The property is guaranteed by Meritage Hospitality Group, an experienced operator of over 388 units and one of the largest Wendy’s franchisees globally. The property contains 3,154 square feet and is located in Eastpointe, MI.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.934821
    Latitude
    42.465541

    Nearby Similar for Sale

    • New
      $249,900
      3,160 SF

      Eastpointe Mixed-Use Redevelopment Opportunity

      3,160 SF mixed-use building on 0.19-acre lot in Eastpointe.
      15163 E 10 Mile Rd, Eastpointe, MI 48021
      View Details
    • $350,000
      2,000 SF

      Eastpointe Flex Space For Sale

      2,000 SF flex space with showroom and fenced lot.
      17511 Stephens Dr, Eastpointe, MI 48021
      View Details
    • New
      $250,000
      4,744 SF

      Eastpointe Commercial Building For Sale

      4744 SF commercial building with warehouse and office space.
      16811 Stephens Dr, Eastpointe, MI 48021
      View Details
    • $170,000
      1,676 SF

      Eastpointe Duplex: Income Potential

      Well-maintained duplex in Eastpointe, MI, offering immediate income potential.
      16137 Evergreen Ave, Eastpointe, MI 48021
      View Details
    • $190,900
      652 SF

      Established Ice Cream Shoppe For Sale

      Long-standing ice cream shop available in Eastpointe, Michigan.
      15801 E 10 Mile Rd, Eastpointe, MI 48021
      View Details
    • $999,999
      1,231 SF

      Eastpointe Gas Station For Sale

      Gas station with real estate, business, and multiple revenue streams.
      00000 Macomb Ave, Eastpointe, MI 48021
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - NNN leased restaurant property with a strong franchisee guarantee.
    Where is this drive through restaurant located?
    The property is located at 18001 E 9 Mile Rd Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $2,644,068.
    What are key features of this property?
    This property features: - 20-year triple net lease (NNN) offers zero landlord responsibilities; - Strong franchisee guarantee from Meritage Hospitality Group, operating 388+ units; - Attractive rental increases, the lesser of change in CPI or 1.50% annually
    (332) 345-2408
    Request Owner's contact information
    18001 E 9 Mile Rd Eastpointe, MI 48021
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18001 E 9 Mile Rd
    Eastpointe, MI 48021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    18001 E 9 Mile Rd Eastpointe, MI 48021
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.