McDonald’s | Dual Drive-Thru | Long Historical Occupancy
Huge Lot | Upcoming Rent Bump in 6 Months
Marketing description
Marcus & Millichap is pleased to present a corporate‑guaranteed McDonald’s at 32811 Stephenson Highway in Madison Heights, MI, a prime retail corridor within the Detroit MSA. The property delivers stable, passive income backed by McDonald’s Corporation and benefits from +5 years of remaining primary term with a scheduled 5% rent increase on 11/1/2026. The site is a long‑operating, legacy McDonald’s featuring a double drive‑thru, strong traffic exposure, and direct access from both major cross streets.
Strategically positioned along Stephenson Highway, a major north–south commercial artery with connectivity to Interstate 75, the property sits within a dense, established suburban trade area supported by strong population density, high household incomes, and a large daytime employment base. The corridor is anchored by national retailers, hotels, automotive uses, and service‑oriented businesses that generate consistent consumer activity and reinforce long‑term tenant performance.
Originally developed in 1998 and renovated in 2012, the site demonstrates durable operational history and long‑term brand commitment. With a replaceable rent structure, corporate credit, and proximity to major regional retail nodes—including Oakland Mall and multiple national big‑box centers—the asset offers investors a high‑quality net‑lease opportunity in one of Metro Detroit’s most active commercial corridors.
Investment highlights
- Longstanding Historical Location
- Upcoming 5% Rent Increase on 11/1/2026
- High‑Performing McDonald’s Site
- Prime Detroit MSA Retail Corridor Location
- Corporate‑Guaranteed Ground Lease
- Surrounded by Major Development Momentum
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