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15050 Southfield Rd Allen Park, MI 48101

For Sale
$2,275,000

Long-term Krispy Kreme lease with CPI increases through 2028.

Property size:
4,488 SF
Lot size:
1.10 Acres

Property Features for 15050 Southfield Rd

General Information

Size
4,488 SF
Lot size
1.10 Acres

Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

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


Overview

Established Krispy Kreme Investment Opportunity

This property presents an investment opportunity with a Krispy Kreme location that has been operating since 2003. The tenant, a publicly traded corporate entity (NASDAQ: DNUT), recently exercised their second option period, ensuring a firm lease term through October 2028. The lease includes CPI increases at the beginning of each option period. The tenant is responsible for CAM, taxes, insurance, and all maintenance of the premises, offering a management-free investment. Krispy Kreme, founded in 1937, is a global brand with a presence in 35 countries.
Insight Report Location Intelligence

Current Use by Public Records

Krispy Kreme 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.

Similar Places Nearby

City Coffeehouse, Bold Bean Café, Target, Cocktail Juice, Qamaria Yemeni Coffee

Location Insight

  • Map
  • Local Demand
City
Allen Park
County
Wayne
State
Michigan
Longitude
-83.2011709
Latitude
42.2579753

FAQs

What type of property is this?
Coffee shop - Long-term Krispy Kreme lease with CPI increases through 2028.
Where is this coffee shop located?
The property is located at 15050 Southfield Rd Allen Park, MI.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: - Corporate lease signed by Krispy Kreme (NASDAQ: DNUT).; - Tenant has occupied the site since 2003, demonstrating a strong location.; - Lease extends through October 2028 with CPI increases, hedging against inflation.
More about this property
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