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43650 SCHOENHERR RD Sterling Heights MI 48313-1115

[Locked] • APN 10-10-01-310-007

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Details
Property Type Retail
Sub Type QSR/Fast Food
Building SqFt 2,775
Lot SqFt 38,696
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-2
Year Built 1985
Building Count 1
Opportunity Zone No
Lease Type ******
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Sale Date
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Sold Price
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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food
Marketing Description

This Pizza Hut is located at 43650 Schoenherr Road in Sterling Heights, Michigan. The property sits on approximately 0.89 acres of land and is comprised of roughly 2,775 square feet of building space.

Pizza Hut exercised its second option in 2013 and currently has 6.5 years remaining in lease term. The base annual rent is $71,623.

Pizza Hut is an American restaurant chain and international franchise, known for pizza and side dishes, it is now corporately known as Pizza Hut, Inc. and is a subsidiary of Yum! Brands, Inc., the world's largest restaurant company.

INVESTMENT HIGHLIGHTS

  • Major National Tenants In The Surrounding Area: Macy’s, Lord & Taylor, Kohl’s, Marshall’s, Barnes and Nobles, Target, The Home Depot, Sam’s Club, Costco, Sears, Lowe’s, Meijer, Kroger, Walgreens, CVS
  • Strong Demographics| 105,085 Individuals Within Three-Mile Radius | 251,477 Individuals Within Five-Mile Radius
  • Strong Traffic Counts | Approximately 44,480 Vehicles Per Day
  • Detroit| Located 20 Miles South of Sterling Heights

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
GK
Glen Kunofsky PRO
•••.•••.4222
•••••fsky@••••••••.com
Brokerage logo
Listing removed on
 BY:
JL
Jeff Littell
•••.•••.5212
••••tell@••••••.com
Brokerage logo

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