Freestanding Quick-Service Restaurant
17700 Grand River Ave Detroit, MI 48227
For Sale
Contact for pricing
Pending
Freestanding Popeyes restaurant on a 0.93-acre lot with a 20-year NNN lease commencing at closing.
Property Size3,636 SF
Lot Size0.93 Acres
Days on Market103
Property Features for 17700 Grand River Ave
General Information
- Standard status
- Pending
- Size
- 3,636 SF
- Lot size
- 0.93 Acres
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed By:
Robert Narchi · License #01324570
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 22 at 3:27AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This freestanding Popeyes restaurant totals 3,636± SF and sits on a 0.93-acre lot. The property is operated by the largest Popeyes franchisee in the system and is subject to a 20-year NNN lease to commence at closing, with 10% rental increases every five (5) years. A complete renovation to a new Popeyes prototype is scheduled for 2025.
Located at 17700 Grand River Ave in Detroit, Michigan, the site is positioned in the heart of a heavily trafficked thoroughfare.
For context, the Detroit MSA is described as a major regional economic hub anchored by education, healthcare, and technology, with supporting employment from institutions including Wayne State University and Henry Ford Health System.
Located at 17700 Grand River Ave in Detroit, Michigan, the site is positioned in the heart of a heavily trafficked thoroughfare.
For context, the Detroit MSA is described as a major regional economic hub anchored by education, healthcare, and technology, with supporting employment from institutions including Wayne State University and Henry Ford Health System.
Key Highlights
- Freestanding Popeyes restaurant with 3,636± SF on a 0.93‑acre lot
- 20‑year NNN lease to commence at closing
- Lease includes 10% rental increases every five (5) years
Property Analytics
Location Intelligence
Current Use by Public Records
Popeyes Louisiana Kitchen
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Freestanding Popeyes restaurant on a 0.93-acre lot with a 20-year NNN lease commencing at closing.
Where is this conventional restaurant located?
The property is located at 17700 Grand River Ave Detroit, MI.
What are key features of this property?
This property features: Freestanding Popeyes restaurant with 3,636± SF on a 0.93‑acre lot; 20‑year NNN lease to commence at closing; Lease includes 10% rental increases every five (5) years