Corporate Del Taco - #1 Location in Michigan
Corporate-Guaranteed Absolute NNN Del Taco | #1 Performing Location in Michigan (Per Placer.ai)
Investment highlights
Absolute-Net Lease | Zero Landlord Responsibilities
7.5 Years Remaining On Corporate-Guaranteed Absolute-NNN Lease Structure Eliminates Landlord Expense Obligations, Including Roof, Structure, Taxes And Maintenance
10% Increase Occurring In 2.5 Years
Scheduled Rental Escalations Provide Contractual NOI Growth Throughout The Primary Term And Extension Periods
High-Visibility Corner Parcel Along Southfield Road (69,460 VPD)
Located On A 0.77-Acre Signalized Corner Site With Excellent Access, Prominent Frontage And Dedicated Parking
Adjacent To Major New Development | 110,000 SF Mixed Use Project
Property is Adjacent to New Development — Including 7 New Commercial Mixed-Use Retail Buildings, 4-Story Hotel, and Car Wash
Renovated Prototype Location Modernized In 2019
Originally Constructed In 2001 And Significantly Renovated In 2019 To Align With Del Taco’s Updated Operating Format
Strategic Access To I-94 & Major Regional Thoroughfares
The Property Benefits From Immediate Connectivity To I-94, Southfield Road And The Downriver Detroit Transportation Corridor
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