Property summary
This 2,376 square foot former McDonald's restaurant in Trenton, Michigan, presents a unique investment opportunity. Located at 1581 Van Horn Rd, 48183, this NNN-leased property boasts a prime location at a signalized intersection, ensuring high visibility and accessibility. The property benefits from extremely heavy traffic volume due to its proximity to the main entrance of the Grosse Ile Bridge and Elizabeth Park Boat Launch, attracting significant recreational traffic. Its adjacency to major employers like the Chrysler Trenton Engine Plant and DTE Energy guarantees a substantial customer base. The site features multiple drive-thru lanes, a significant advantage for quick-service restaurants. Build-to-suit options are available, and there's potential for expansion by incorporating neighboring properties. The asking price is $749,000, translating to $315.24 per square foot. Strong demographics and the high concentration of boaters and recreational users in the area further enhance the property's appeal. This location offers exceptional potential for a variety of QSR or restaurant concepts.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R1 · Trenton, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for R1 in Trenton, MI.
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