26548 Dequindre Rd, Warren, MI 48091-3937
This exceptional free-standing restaurant building, located at 26548 Dequindre Road in Warren, Michigan, presents a unique investment opportunity. The property boasts 4,798 square feet of space situated on a generous 1.13-acre lot, offering ample room for expansion or modification. The building is currently vacant, providing a blank canvas for a new culinary venture. Its prime location on the east side of Dequindre Road, just north of the I-696 interchange, ensures excellent visibility and accessibility. The property features prominent monument signage, further enhancing its marketing potential. Ample parking is available with 69 spaces. The building's previous tenant was an IHOP restaurant. This location benefits from its proximity to the Universal Shopping Center, a major retail hub anchored by Target, Marshall's, Petco, Burlington Coat Factory, Kroger, and MJR Universal Grand 16 movie theater, guaranteeing high foot traffic and a strong customer base. The asking price for this turnkey property is $650,000. This is an ideal opportunity for an established restaurant chain or an ambitious entrepreneur seeking a high-traffic location in a thriving commercial area. The property is zoned for restaurant use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
M-2 · Warren, MIWarren. 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.