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    OFF-MARKET
    Retail space

    7875 Telegraph Rd, Taylor, MI 48180-2235

    2,800 SF 0.53 ac lot Built 2014
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-4968018
    Property summary
    AI-generated overview

    This exceptional retail property, located at 7875 Telegraph Road in Taylor, Michigan, presents a compelling investment opportunity. The 2,800 square foot building, constructed in 2014, sits on a 0.53-acre lot and boasts 18 parking spaces. Currently leased to Wireless Vision LLC, the nation's largest T-Mobile retailer with over 450 locations across 25 states, the property offers a strong, stable income stream. The lease commenced July 1, 2017, and extends through June 30, 2027, with four five-year options to renew. The property benefits from a triple-net (NNN) lease structure, minimizing landlord responsibilities. The asking price is $895,000, representing a compelling 8.70% capitalization rate and a net operating income (NOI) of $78,000. The property is zoned B-3 General Business and enjoys a prime location on a heavily trafficked corridor in Wayne County, just four parcels from a Walmart Supercenter. This is a rare opportunity to acquire a high-performing retail asset with a long-term, creditworthy tenant. The property's parcel number is 60-026-02-0021-000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2014
    Total area 2,800 SF
    Lot 0.53 ac (23,087 SF)
    Zoning code B-3
    APN 60 026 02 0021 000
    UPID US43-4968018
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Fairmount Properties LLC · 1 yrs held
    Fairmount Properties LLC
    since 2024
    3 recorded transactions
    2024
    2020
    $1.2M
    2013
    $130,000
    Zoning & alternative use
    B-3 · Taylor, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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