17420 E Warren Ave Detroit, MI 48224
Freestanding restaurant with commercial kitchen, parking, and high visibility.
- Added:
- Apr 22, 2026
- Days on Market:
- 81
- Last Refresh:
- May 25 at 9:26 pm
Property Features for 17420 E Warren Ave
General Information
- Standard status
- Active
- Size
- 4,980 SF
Listing office Leboursia Realty Group (313) 861-2626
Listing date Apr 22, 2026
Source Exprealty
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 Leboursia Realty Group
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey restaurant opportunity, ready for immediate operation.
- High‑visibility location on busy E. Warren, attracting significant customer traffic.
- Spacious dining area and fully equipped commercial kitchen.
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 | $92.6k | $18.60 |
| − Vacancy | −$5.0k | −$1.00 |
| EGI | $87.6k | $17.60 |
| − OpEx | −$21.9k | −$4.40 |
| NOI | $65.7k | $13.20 |
