9895 Telegraph Rd Taylor, MI 48180-3332
- Banks
- 2,922 SF
- 0.98 lot acres
Current Use by Public Records
- Huntington Bank ATM / Atm
- Huntington Bank / Atm / Bank
- Buffalo Wild Wings Go / Chicken Wings Restaurant
Property Details for 9895 Telegraph Rd
- Year built
- 1972
- Lot size
- 0.98 lot acres
- Property size
- 2,922 SF
- Zone code
- B-3
- Property type
- Banks
- APN
- 60 038 99 0025 002
- APU
- 60038990025002
Description
This exceptional investment opportunity presents a 2,900-square-foot, free-standing, Class A retail building in Taylor, Michigan. Currently occupied by a Buffalo Wild Wings GO, a first-to-market concept in Southeast Michigan, this property boasts a strong 10-year lease (commencing July 1, 2022, and expiring June 30, 2032), with 7.6 years remaining. The lease is a triple-net (NNN) agreement with a single tenant, ensuring minimal landlord responsibilities. The property features a 6.00% cap rate and a substantial net operating income (NOI) of $97,200. Built in 1967 and extensively renovated in 2024, this single-story building sits on a prominent Telegraph Road location in Wayne County, Michigan, within the B3 zoning district. The lease includes four 5-year options, each with a 12.5% rent increase. This stabilized investment offers a secure and lucrative return for a discerning buyer. The property's 100% occupancy and strong tenant history make it an ideal addition to any portfolio. The building's 2,900 square feet of net rentable space is perfectly suited to the current tenant's operations. This is a turnkey investment opportunity with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2687
- Latitude
- 42.2347
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
