29250 Plymouth Rd Livonia, MI 48150

Listing agency AQRE Advisors l***@vantiscap.com Show Phone

Listed by Kyle Simon · License #6501390806

Source Crexi

Added: Apr 11 Updated: Jul 23 at 3:02AM Checked: Jul 23 at 3:02AM

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Investment Insights

Based on property information with market context.

AQRE Advisors presents the leased fee interest (land ownership) in a newly developed Chick-fil-A structured as an absolute NNN ground lease. The lease term is 15 years and includes eight (8) five-year extension options. Rent is scheduled to increase by 10% every five years and at the beginning of each option period. Chick-fil-A Inc. provides a corporate guarantee, and the ground lease is described as absolute NNN with zero landlord responsibilities.

The property is located at 29250 Plymouth Rd in Livonia, in a predominant area of Suburban Detroit.

The site is planned to include a double drive-thru lane with state-of-the-art construction intended to support the continued operation of the brand at this location.

Key Highlights

• Leased fee (land ownership) available in a newly developed Chick‑fil‑A under a 15‑year absolute NNN ground lease
• Absolute NNN lease with zero landlord responsibilities, creating a management‑free investment
• Chick‑fil‑A Inc. corporately guarantees the lease

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FAQs

What type of property is this?

NNN property - Newly developed Chick-fil-A with a 15-year absolute NNN ground lease and a double drive-thru lane.

Where is this nnn property located?

The property is located at 29250 Plymouth Rd Livonia, MI.

What are key features of this property?

This property features: Leased fee (land ownership) available in a newly developed Chick‑fil‑A under a 15‑year absolute NNN ground lease; Absolute NNN lease with zero landlord responsibilities, creating a management‑free investment; Chick‑fil‑A Inc. corporately guarantees the lease