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Property profile & analytics
FOR SALE
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
7875 Telegraph Rd, Taylor, MI 48180-2235 For Sale
$895,000 2,800 SF
7875 Telegraph Rd, Taylor, MI 48180-2235
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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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.26M
Owner & transaction history
Fairmount Properties LLC · 1 yrs held
Fairmount Properties LLC
since 2024
3 recorded transactions
2024
Price N/A
2020
$1.2M
2013
$130,000
Zoning & alternative use
B-3 · Taylor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

District is intended to provide for retail commercial services dependent on major street traffic

Zone name General Business
General category COMMERCIAL
Zone area 445.58 ac
Source Realmo
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