837 Chicago Blvd Tecumseh, MI 49286-1211
Property profile & analytics
837 Chicago Blvd Tecumseh, MI 49286-1211
- Commercial real estate
- 2,934 SF
- 0.90 lot acres
Property ID
US43-0762213
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 837 Chicago Blvd
- Year built
- 1999
- Lot size
- 0.90 lot acres
- Property size
- 2,934 SF
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- XT0-133-1250-00
- APU
- XT0133125000
Description
This exceptional investment opportunity presents a fee-simple ownership of a 2,850 square foot Burger King restaurant located at 837 W Chicago Blvd, Tecumseh, MI 49286. Built in 2002, this Class A property boasts a strong 6-year remaining lease term with a corporate guarantee from Carroll's, featuring 1% annual rent bumps. The absolute NNN lease structure eliminates landlord responsibilities, providing a passive income stream. The property enjoys a prime location on W. Chicago Blvd, a high-traffic area with over 27,000 vehicles daily, and benefits from its proximity to Tecumseh High School (a new $33 million state-of-the-art facility with over 1,000 students). The 0.9-acre lot includes 25 parking spaces. The property's strong performance is reflected in its 6.15% cap rate and $67,639 NOI. The asking price is $1,100,000 ($385.96/sq ft). Surrounding businesses include CVS, Speedway, Tim Horton's, McDonald's, and many other national retailers. The B-3 zoning and strong demographics (average household income exceeding $98,000 within a 3-mile radius) further enhance the investment potential of this turnkey operation. The property is currently 100% occupied.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Tecumseh
- County
- Lenawee
- State
- Michigan
- Longitude
- -83.9596
- Latitude
- 42.006
- CBSA code
- 10300
- CBSA name
- ADRIAN, MI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,234
$0.00
$0.00
$559,700
-
$0.00
$0.00
$1,119,400
