15090 Schaefer Hwy, Detroit, MI 48227
Turnkey restaurant ready for a new owner.
- Added:
- May 23, 2025
- Days on Market:
- 410
- Last Refresh:
- Mar 17 at 1:18 pm
Property Features for 15090 Schaefer Hwy
General Information
- Standard status
- Active
- Size
- 1,716 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing office Exp Realty (734) 799-0204
Listing date May 23, 2025
Source Crexi
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 Exp Realty
HighLights
- Fully‑equipped restaurant, ready for immediate operation
- Includes all essential restaurant equipment
- Ideal opportunity for entrepreneurs
- Business opportunity to own and operate a restaurant
- Property built in 1999
- Opportunity to own your dream restaurant
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.7k | $14.40 |
| − Vacancy | −$1.9k | −$1.08 |
| EGI | $22.9k | $13.32 |
| − OpEx | −$5.7k | −$3.33 |
| NOI | $17.1k | $9.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1787282
- Latitude
- 42.4012499
