NNN Retail
7875 Telegraph Rd Taylor, MI 48180
7875 Telegraph Rd, Taylor, MI, 48180
$895,000
For Sale
$895,000
Single-tenant NNN retail building leased to a T-Mobile retailer under a term through 2027.
Property Size2,800 SF
Price / SF$319.64
Days on Market638
Property Features for 7875 Telegraph Rd
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2014
Listing agency
Thomas A. Duke Company
(248) 476-8876
Listed by
Dave Tesch
Source
Cpix.resimplifi
Added: Oct 24, 2024 Updated: Jul 22 at 12:26PM Checked: Jul 22 at 12:26PM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
This NNN retail storefront investment is leased to Wireless Vision LLC, operating as a T-Mobile retailer. The property is supported by a NNN lease with a term running 07/01/2017 through 06/30/2027, along with four additional five-year extension options.
The asset is located on the east side of Telegraph Rd in Taylor, MI, just south of Ecorse Rd. Public remarks indicate the location is within four parcels of a Walmart Supercenter on one of Wayne County’s highly traveled corridors.
According to the listing, the offering is underwritten at an 8.7% cap rate at the ask price, with NOI stated at $78,000.
The asset is located on the east side of Telegraph Rd in Taylor, MI, just south of Ecorse Rd. Public remarks indicate the location is within four parcels of a Walmart Supercenter on one of Wayne County’s highly traveled corridors.
According to the listing, the offering is underwritten at an 8.7% cap rate at the ask price, with NOI stated at $78,000.
Key Highlights
- Single‑tenant NNN retail building built in 2014, leased to a T‑Mobile retailer
- 8.7% cap rate at ask price with NOI of $78,000
- NNN lease structure
Local 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 | $40.3k | $14.40 |
| − Vacancy | −$2.4k | −$0.86 |
| EGI | $37.9k | $13.54 |
| − OpEx | −$11.4k | −$4.06 |
| NOI | $26.5k | $9.48 |
2,800 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$379.0K
$331.6K – $442.2K
NOI $26,531 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$518.4K
$453.6K – $604.8K
NOI $36,288 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
T-Mobile Authorized Retailer
Mobile Phone Store
Similar For Sale Nearby
Similar Off Market Nearby
- Thrifty Florist — 8150 Telegraph Rd, Taylor, MI 48180
FAQs
What type of property is this?
Storefront property - Single-tenant NNN retail building leased to a T-Mobile retailer under a term through 2027.
Where is this storefront property located?
The property is located at 7875 Telegraph Rd Taylor, MI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Single‑tenant NNN retail building built in 2014, leased to a T‑Mobile retailer; 8.7% cap rate at ask price with NOI of $78,000; NNN lease structure
