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Bob Evans NNN Investment Opportunity

20465 Eureka Rd, Taylor, MI

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For Sale

Contact for pricing

Long-term NNN lease with annual rent increases and strong sales.

Type:RETAIL

Property size:

5,602 SF

Lot size:

1.57 Acres

Price / SF:

$524/SF

HighLights

Absolute NNN Lease: Enjoy a long‑term, low‑management investment with 18+ years remaining on a 20‑year lease.
Rare 2% Annual Rental Increases: Starting in 2027, the lease includes 2% annual rental increases, enhancing investment returns.
High Traffic Location: Situated on Eureka Rd with 41,833 CPD and near I‑75 with 108,804 CPD, ensuring high visibility.
Corporate Tenant: Leased to Bob Evans Restaurants, LLC, a well‑established restaurant chain with ±439 locations.
Strong Demographics: Located in an area with a high population (219,785 within 5 miles) and strong average household income ($90,934 within 1 mile).
Large Parcel: The property sits on a sizable ±1.68‑acre lot, offering potential future development opportunities.

We can help!

Listing Contact

Justin Zahn

For Sale

Contact for pricing

Long-term NNN lease with annual rent increases and strong sales.

Type:RETAIL

Property size:

5,602 SF

Lot size:

1.57 Acres

Price / SF:

$524/SF

Added:: Aug 25, 2025
Days on Market:: 290
Last Refresh:: May 20 at 9:17 pm

Property Features for 20465 Eureka Rd

General Information

Standard status: Active
Size: 5,602 SF
Lot size: 1.57 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Justin Zahn

Listing agent Justin Zahn

Listing office Commercial Investment Advisors (CIA) - Corporate

Listing date Aug 25, 2025

Source Moodyscre

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 Commercial Investment Advisors (CIA) - Corporate

HighLights

Absolute NNN Lease: Enjoy a long‑term, low‑management investment with 18+ years remaining on a 20‑year lease.
Rare 2% Annual Rental Increases: Starting in 2027, the lease includes 2% annual rental increases, enhancing investment returns.
High Traffic Location: Situated on Eureka Rd with 41,833 CPD and near I‑75 with 108,804 CPD, ensuring high visibility.
Corporate Tenant: Leased to Bob Evans Restaurants, LLC, a well‑established restaurant chain with ±439 locations.
Strong Demographics: Located in an area with a high population (219,785 within 5 miles) and strong average household income ($90,934 within 1 mile).
Large Parcel: The property sits on a sizable ±1.68‑acre lot, offering potential future development opportunities.

Overview

This property features a brand new absolute NNN lease with over 18 years remaining on an initial 20-year term. The lease includes rare 2% annual rental increases starting in the 5th year, specifically May 1, 2027. The location has been successfully operating for decades, demonstrating strong sales performance and positive year-over-year sales trends. The property is occupied by Bob Evans Restaurants, LLC, which operates approximately 439 locations across multiple states. Situated on a large approximately 1.68-acre lot, the property benefits from exceptional visibility and access on Eureka Rd, which sees traffic counts of 41,833 cars per day. Its location just east of I-75 provides additional exposure to 108,804 cars per day. The property is 5,602 square feet. The surrounding area has a significant population, with 219,785 residents within a 5-mile radius, and an average household income of $90,934 within a 1-mile radius, based on 2025 demographics.

Property Profile Location Intelligence

Current Use by Public Records

Bob Evans Restaurant Contingent Network Services IT Consulting Firm

Suggested Use

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Freedom Coney Island — 26866 Eureka Rd, Taylor, MI 48180

Location Insight

Map
Local Demand

City: Taylor
County: Wayne
State: Michigan
Longitude: -83.2343
Latitude: 42.1978

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For sale
Breakfast & diners
MI
Taylor
20465 Eureka Rd

What type of property is this?

Breakfast & diner - Long-term NNN lease with annual rent increases and strong sales.

Where is this breakfast & diner located?

The property is located at 20465 Eureka Rd Taylor, MI.

What is the asking price?

The asking price for this property is $2,938,000.

What are key features of this property?

This property features: Absolute NNN Lease: Enjoy a long‑term, low‑management investment with 18+ years remaining on a 20‑year lease.; Rare 2% Annual Rental Increases: Starting in 2027, the lease includes 2% annual rental increases, enhancing investment returns.; High Traffic Location: Situated on Eureka Rd with 41,833 CPD and near I‑75 with 108,804 CPD, ensuring high visibility.

20465 Eureka Rd, Taylor, MI

Long-term NNN lease with annual rent increases and strong sales.

Property Features for 20465 Eureka Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Medical Office Building with Separate Entrance

Taylor, MI Office/Retail Building

Profitable Liquor Store & Building

Turnkey Bar and Restaurant Opportunity

Restaurant in Kirklynn Plaza

Taylor, MI Commercial Building For Sale

Commercial Property with Kitchen Infrastructure

Commercial Property in Taylor, MI

Medical Office with Separate Entrance

Commercial Property Near I-94 Corridor

Freestanding Burger King Investment Opportunity

Retail Property on 1.1 Acres

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