For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

1421 N Main St Clawson, MI 48017

View on Map
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Recently renovated restaurant with long-term tenant commitment.

Property size:
2,444 SF
Lot size:
0.64 Acres

Property Features for 1421 N Main St

General Information

Standard status
Active
Size
2,444 SF
Lot size
0.64 Acres

We can help!

Listing Contact
Jeff Sawyer
Source: Crexi

Listing Agency: Sawyer Capital Partners Listing Agent: Jeff Sawyer

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

Learn more


Overview

Recently Renovated Restaurant Opportunity

This recently renovated restaurant is located on North Main Street, neighbored by other fast-food establishments and a recently developed residential complex. The operators have exercised their 10-year option, demonstrating a long-term commitment to the location. The lease is absolute net with scheduled rent increases and is cross-guaranteed by the parent corporate entity. The 10-year option maintains cap value for potential resale at the end of the base term, as well as assuring favorable financing. The property is run by an experienced operator with 24 locations throughout Michigan. The property size is 2444 square feet.
Location Intelligence

Current Use by Public Records

Wendy's Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Clawson
County
Oakland
State
Michigan
Longitude
-83.1475294
Latitude
42.5460648

FAQs

What type of property is this?
Drive through restaurant - Recently renovated restaurant with long-term tenant commitment.
Where is this drive through restaurant located?
The property is located at 1421 N Main St Clawson, MI.
What are key features of this property?
This property features: - Experienced operator with 24 locations throughout Michigan.; - Recently renovated Wendy's with a newly exercised 10-year option, demonstrating long-term commitment.; - Absolute Net Lease with scheduled rent increases.
More about this property
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