22250 Eureka Rd, Taylor, MI 48180-5233
This exceptional investment opportunity features a brand-new, single-tenant Chick-fil-A restaurant located at 22250 Eureka Rd, Taylor, MI 48180. The property boasts a 15-year absolute NNN ground lease with a corporate guarantee, providing significant security and passive income potential. The 4,995 square foot building, constructed in 2024, sits on a 1.47-acre lot within a thriving retail corridor experiencing high vehicular traffic (54,000+ vehicles per day). The lease includes twelve, five-year options to extend, with attractive 7.5% rent bumps every five years. The property's strategic location within the Southland Shopping Center outlot is surrounded by major retailers such as Kohl's, Sephora, and Macy's, ensuring high visibility and consistent customer traffic. The surrounding area demonstrates strong demographics, with a three-mile population exceeding 67,000 residents and an average household income exceeding $70,013. The median home value within five miles surpasses $140,000, further solidifying the location's desirability. The property offers a compelling 4.55% cap rate and a net operating income (NOI) of $175,000, making it an ideal investment for those seeking a stable, high-performing asset in a prime location. The asking price is $3,846,154, representing a price per square foot of $770. This is a fee simple ownership opportunity.
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Chick FIL A Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B-2 · Taylor, MITaylor. Always verify with local authorities before improvements.
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.