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32609970
32609969

26776 Eureka Rd, Taylor, MI 48180

RB
MI 6501323470
Fortis Net Lease
Listed by Fortis Net Lease
$1,048,214
21 days on market
Updated 21 days ago

Burger King

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 4,170
Cap Rate 7.00%
NOI $73,375
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20
Lease Expiration 06/30/2036
Rent Bumps No
Price per SqFt $251
Year Built 1988
Acreage 1.320
Zoning B-3
Investment Type Net Lease
Lease Commencement 06/29/2016

Retail | 7.00% CAP | 4,170 SqFt

Marketing description

Fortis Net Lease is pleased to present a prime net lease investment opportunity featuring a freestanding Burger King located at 26776 Eureka Rd in Taylor, Michigan. The property is secured by a long-term 20-year triple net (NNN) lease, providing investors with a passive income stream and minimal landlord responsibilities, as the tenant is responsible for taxes, insurance, and maintenance. The building consists of approximately 4,170 square feet situated on a 1.32-acre parcel, offering strong site visibility and functional layout along a well-trafficked commercial corridor.

The asset generates a current net operating income (NOI) of $73,375 annually, delivering stable cash flow backed by a nationally recognized quick-service restaurant brand. Positioned along Eureka Road, a key retail and commuter route in the Taylor submarket, the property benefits from consistent traffic and strong surrounding retail synergy. While renewal options and rent escalations are not specified, the extended lease term provides long-term security and reduces near-term rollover risk. This investment is well-suited for buyers seeking dependable income and a nationally branded tenant in a high-demand metro Detroit

Investment highlights

  • 20-year triple net (NNN) lease offering passive, management-free income
  • Leased to Burger King, a globally recognized quick-service restaurant brand
  • Annual NOI of $73,375 providing stable cash flow
  • Freestanding 4,170 SF building on a 1.32-acre lot
  • Strong visibility along Eureka Rd in a high-traffic commercial corridor
  • Tenant responsible for taxes, insurance, and maintenance expenses
  • Long-term lease structure reduces vacancy and rollover risk
  • Located in the metro Detroit submarket with strong retail fundamentals

Listing Contacts

RB
MI 6501323470
Fortis Net Lease
Listed by Fortis Net Lease

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,375.00
$6,114.58/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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