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Southgate, MI NNN Properties for Sale

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Absolute NNN Fast Casual Restaurant
Updated: Jun 18
Absolute NNN Fast Casual Restaurant

16160 Fort St, Southgate, MI 48195

Contact for pricing
2,400 sqft
Panera Bread at 16160 Fort St, Southgate, Michigan, offered as a fee simple interest
Absolute NNN lease with zero landlord responsibilities
15‑year primary lease term with three 5‑year renewal options
8% rent escalations every five years
Located directly on Fort Street with 42,000+ vehicles per day exposure
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Southgate, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Drive-Thru Coffee NNN
Single-Tenant Drive-Thru Coffee NNN

17410 Ecorse Rd, Allen Park, MI 48101

$491,472
356 sqft 0.27 AC lot

Brand-new 2024 drive-thru coffee property offered as an absolute NNN single-tenant ground lease.

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Drive-Thru Krispy Kreme Investment Property
Drive-Thru Krispy Kreme Investment Property

15050 Southfield Rd, Allen Park, MI 48101

Contact for pricing
4,488 sqft

NNN leased Krispy Kreme in Detroit MSA.

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Benihana Absolute-Net Ground Lease
Benihana Absolute-Net Ground Lease

18601 Hubbard Drive, Dearborn, MI 48216

Contact for pricing
8,250 sqft

Established restaurant tenancy supported by contractual escalations and a modern replacement building.

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7-Eleven NNN Property
7-Eleven NNN Property

3850 Monroe St, Dearborn, MI 48124

Contact for pricing

Absolute NNN ground lease with scheduled 10% rent increases every 5 years.

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Southgate, MI Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Southgate, MI on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale.

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Demographics Overview

Population 30K
Population Growth (5Y) +1.0%
Median Household Income $64,635
College Educated 27.5%

Taxes & Financing

Tax Rate (average for all types) 6.93%
Property Tax per SF $93.01 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Southgate fall within the 2,500 to 5,000 square foot range.

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