Net-Lease McDonald's with Double
32811 Stephenson Hwy Madison Heights, MI 48071
32811 Stephenson Hwy, Madison Heights, MI, 48071
$1,716,421
For Sale
$1,716,421
Corporate-guaranteed net-lease McDonald's features a double drive-thru and a scheduled 5% rent increase on 11/1/2026.
Property Size2,784 SF
Price / SF$616.53
Days on Market70
Property Features for 32811 Stephenson Hwy
General Information
- Standard status
- Active
- Size
- 2,784 SF
- Property subtype
- Restaurant
Listing agency
Marcus & Millichap - Detroit
(310) 909-2394
Listed by
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source
Marcusmillichap
Added: May 14 Updated: Jul 21 at 3:32PM Checked: Jul 21 at 3:32PM
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 - Detroit
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present a corporate-guaranteed McDonald’s for sale at 32811 Stephenson Highway in Madison Heights, MI. The property is a long-operating, legacy McDonald’s site with a double drive-thru configuration. According to the offering remarks, the lease has more than five years remaining in the primary term, with a scheduled 5% rent increase on 11/1/2026. The site was originally developed in 1998 and renovated in 2012.
The restaurant is positioned along Stephenson Highway, a major north–south commercial artery with connectivity to Interstate 75, and provides direct access from both major cross streets. The surrounding area is described as an established suburban trade corridor with national retailers, hotels, automotive uses, and service-oriented businesses supporting steady consumer activity.
For buyers seeking a net-lease asset, this McDonald’s is presented as a replaceable rent structure with corporate credit, offering ongoing brand commitment in a high-activity retail corridor.
The restaurant is positioned along Stephenson Highway, a major north–south commercial artery with connectivity to Interstate 75, and provides direct access from both major cross streets. The surrounding area is described as an established suburban trade corridor with national retailers, hotels, automotive uses, and service-oriented businesses supporting steady consumer activity.
For buyers seeking a net-lease asset, this McDonald’s is presented as a replaceable rent structure with corporate credit, offering ongoing brand commitment in a high-activity retail corridor.
Key Highlights
- Corporate‑guaranteed net‑lease McDonald’s at 32811 Stephenson Highway in Madison Heights, MI
- Double drive‑thru with direct access from both major cross streets
- Originally developed in 1998 and renovated in 2012
Property Analytics
Location Intelligence
Current Use by Public Records
McDonald's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Corporate-guaranteed net-lease McDonald's features a double drive-thru and a scheduled 5% rent increase on 11/1/2026.
Where is this drive through restaurant located?
The property is located at 32811 Stephenson Hwy Madison Heights, MI.
What is the asking price?
The asking price for this property is $1,716,421.
What are key features of this property?
This property features: Corporate‑guaranteed net‑lease McDonald’s at 32811 Stephenson Highway in Madison Heights, MI; Double drive‑thru with direct access from both major cross streets; Originally developed in 1998 and renovated in 2012
