546 Telegraph Rd, Monroe, MI 48161-1614
This 9,692 square foot industrial property located at 546 S TELEGRAPH, Monroe, MI, presents a unique opportunity for business acquisition. Currently operating as Jazzy Steakburger, this established restaurant boasts brand-new equipment and a fully stocked inventory, allowing for immediate operation. The sale includes the existing business, eliminating the need for extensive start-up costs and permitting processes. The property sits on a 0.87-acre lot and is available for $249,900. The current lease is a Triple Net lease with 10 years remaining, plus a 3-year option to renew. Monthly rent is $4,000. The restaurant operates Monday through Saturday, 11 AM to 7 PM, extending hours to 8 PM during the summer months, catering to a consistent customer base. The seller is motivated and open to offers, and is willing to provide training to ensure a smooth transition. Detailed financial information is available upon execution of a Non-Disclosure Agreement (NDA). This turnkey operation offers a significant advantage for prospective buyers seeking a profitable and established business venture. Don't miss this chance to acquire a thriving business with a long-term lease in a desirable location. Schedule a showing today.
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
R-1A · Monroe, MIMonroe. 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.