Absolute NNN Drive-Through
For Sale
Contact for pricing
Pending
29250 Plymouth Rd, Livonia, MI 48150
Newly developed Chick-fil-A with a 15-year absolute NNN ground lease and a double drive-thru lane.
Property SizeContact for details
Days on Market117
Property Features for 29250 Plymouth Rd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
AQRE Advisors
(949) 942-1300
Listed By:
Kyle Simon · License #6501390806
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Aug 5 at 10:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AQRE Advisors
Investment Insights
Based on property information with market context.
AQRE Advisors presents the leased fee interest (land ownership) in a newly developed Chick-fil-A structured as an absolute NNN ground lease. The lease term is 15 years and includes eight (8) five-year extension options. Rent is scheduled to increase by 10% every five years and at the beginning of each option period. Chick-fil-A Inc. provides a corporate guarantee, and the ground lease is described as absolute NNN with zero landlord responsibilities.
The property is located at 29250 Plymouth Rd in Livonia, in a predominant area of Suburban Detroit.
The site is planned to include a double drive-thru lane with state-of-the-art construction intended to support the continued operation of the brand at this location.
The property is located at 29250 Plymouth Rd in Livonia, in a predominant area of Suburban Detroit.
The site is planned to include a double drive-thru lane with state-of-the-art construction intended to support the continued operation of the brand at this location.
Key Highlights
- Leased fee (land ownership) available in a newly developed Chick‑fil‑A under a 15‑year absolute NNN ground lease
- Absolute NNN lease with zero landlord responsibilities, creating a management‑free investment
- Chick‑fil‑A Inc. corporately guarantees the lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
111k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
Dollar Tree
Shops & Services
20,801 visits/mo
0.3 miles
Speedway
Shops & Services
20,484 visits/mo
0.4 miles
Buddy's Pizza
Dining
15,949 visits/mo
0.4 miles
Lee's Famous Recipe Chicken
Dining
14,111 visits/mo
0.3 miles
Tim Hortons
Dining
8,057 visits/mo
0.4 miles
Demographics for 48150, MI
26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly developed Chick-fil-A with a 15-year absolute NNN ground lease and a double drive-thru lane.
Where is this nnn property located?
The property is located at 29250 Plymouth Rd Livonia, MI.
What are key features of this property?
This property features: Leased fee (land ownership) available in a newly developed Chick‑fil‑A under a 15‑year absolute NNN ground lease; Absolute NNN lease with zero landlord responsibilities, creating a management‑free investment; Chick‑fil‑A Inc. corporately guarantees the lease
