Property summary
This exceptional investment opportunity presents a freestanding Burger King restaurant located at 1113 E West Maple Rd, Walled Lake, MI 48390. The property boasts 3,039 square feet situated on a 1.26-acre lot, offering ample space for operations and 51 parking spaces for customer convenience. Built in 1983, the building is zoned B1 and C-2 - General Commercial, allowing for flexibility. The property features a strong cap rate of 6.60% and is offered at an asking price of $1,450,000, translating to a land value of $477.13 per acre. The current lease agreement is a NNN lease, providing a predictable income stream. The franchisee operates 11 locations. The lease terms are structured as follows: $8,000 per month, NNN for years 1-5
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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