Freeway Visible Drive-Thru
For Sale
Contact for pricing
4335 W Pierson Rd, Flint, MI
Newly renovated drive-thru restaurant with high freeway visibility.
Property Size3,196 SF
Lot Size1.60 Acres
Price / SF$234.67
Days on Market884
Property Features for 4335 W Pierson Rd
General Information
Standard status
Active
Size
3,196 SF
Lot size
1.60 Acres
Property subtype
OFFICE
Listing Agency:
Keystone Commercial Real Estate
(248) 406-7117
Listed By:
Norman Abro · License #6501385432
(248) 406-7117
Source:
Moodyscre
Added: Feb 28, 2024
Changed: Jul 6
Last Checked: Jul 22 at 4:22AM
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 Keystone Commercial Real Estate
Investment Insights
Based on property information with market context.
This property presents an investment opportunity featuring a Charley's Cheesesteaks location with a ten-year absolute net lease, with nine years remaining. The property is a newly renovated, free-standing drive-thru restaurant situated on 1.6 acres. The building offers 3,196 square feet of modernized space. It is conveniently located on a high-traffic I-75 entry/exit ramp. The property includes storefront signage fronting Pierson Road, along with a large, freeway-visible pylon sign.
Key Highlights
- Ten‑year absolute net lease with Charley's Cheesesteaks, with nine years remaining, providing a stable, passive income stream.
- Strategically located on a high‑traffic I‑75 entry/exit ramp, ensuring high visibility and customer access.
- Newly renovated (2022) free‑standing drive‑thru, offering a modernized and appealing customer experience.
Financial Insights For 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 | $49.5k | $15.48 |
| − Vacancy | −$2.1k | −$0.65 |
| EGI | $47.4k | $14.83 |
| − OpEx | −$14.2k | −$4.45 |
| NOI | $33.2k | $10.38 |
3,196 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$474.0K
$414.7K – $553.0K
NOI $33,177 @ 7.0% cap · market cap 4.42%
Second Best
Specialty Retail
$404.8K
$354.2K – $472.3K
NOI $28,338 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$672.5K
$588.5K – $784.6K
NOI $47,077 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 38%
Apparel 13%
Sunoco
Shops & Services
6,063 visits/mo
0.2 miles
Little Caesars Pizza
Dining
4,785 visits/mo
0.1 miles
Snipes
Apparel
1,630 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Newly renovated drive-thru restaurant with high freeway visibility.
Where is this drive through restaurant located?
The property is located at 4335 W Pierson Rd Flint, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Ten‑year absolute net lease with Charley's Cheesesteaks, with nine years remaining, providing a stable, passive income stream.; Strategically located on a high‑traffic I‑75 entry/exit ramp, ensuring high visibility and customer access.; Newly renovated (2022) free‑standing drive‑thru, offering a modernized and appealing customer experience.
