1025 Middlebelt Rd Inkster, MI 48141
For Sale
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This exceptional 2,500 square foot retail storefront, located at 1025 Middlebelt Rd in Inkster, Michigan (48141), presents a compelling investment opportunity. Currently occupied by a single tenant, Papa's Pizza, this property boasts a strong track record, having operated successfully at this location for nearly 15 years. The lease commenced January 2nd, 2024, and extends until February 27th, 2027, providing investors with immediate cash flow and long-term stability. The asking price is $459,000, representing a compelling $183.60 per square foot and a 6.36% capitalization rate based on a Net Operating Income (NOI) of $29,218. The property's high-visibility corner location, enhanced by a traffic light at the intersection, ensures maximum exposure and potential for success. With 16 parking spaces available, customer convenience is maximized. The single-tenant structure minimizes maintenance responsibilities, as the tenant is responsible for operating and maintaining the site, offering a hands-off approach for the investor. This is a rare opportunity to acquire a well-established, low-maintenance retail property with significant upside potential in a desirable location.
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Papa's Pizza Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.