36895 Dequindre Rd Retail
  • Asking Price
    $2.5MAsking Price
  • Gross Leasable Area
    5,273 SFGross Leasable Area
  • Built
    1990Built
  • City
    TroyCity
  • State
    MIState
  • Available
    5,273 SFAvailable

Description

Former McDonald’s at 36895 Dequindre Road is available for purchase at $2,500,000. The offering includes a 5,273-square-foot freestanding building on 1.29 acres, with a drive-thru, 63 surface parking spaces and approximately 217 feet of frontage on Dequindre Road. The full building is available, giving an owner-user control of the entire site while also allowing an investor to pursue a new tenant or repositioning plan.

The property is just south of East Big Beaver Road/16 Mile Road in Troy. APEX’s traffic map reports approximately 30,389 vehicles per day on Dequindre Road and about 37,500 vehicles per day on Big Beaver Road. Lowe’s is directly across Dequindre, and the surrounding commercial area includes Shell, AT&T, CVS Pharmacy, Verizon, T-Mobile, AutoZone and Citizens Bank. Somerset Collection and Oakland Mall are also nearby regional destinations.

Constructed in 1990, the single-story former restaurant provides an existing drive-thru format, exterior signage opportunities and a site-to-building ratio that supports continued restaurant or retail use, subject to municipal approvals. The property is within Troy’s BI Neighborhood Nodes (Node B) district. APEX reports populations of 15,756 within one mile, 95,363 within three miles and 260,400 within five miles, with average household income above $103,000 in each radius. The building is marketed as available within 30 days.

Offering Summary

  • Asking Price
    $2,500,000
  • Price PSF
    $474.11
  • Price/Acre
    $1,937,984.50
  • Property Type
    Retail
  • Size
    5,273 SF
  • Available
    5,273 SF
  • Occupancy
    0%
  • Properties
    1
  • Built
    1990
  • Parking
    63 Spaces
  • Total Acres
    ~1.29 ac

Documents

Property Address

36895 Dequindre Rd
Troy, MI 48083

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    5,273 SF
  • Available GLA
    5,273 SF
  • Occupancy
    0%
  • Frontage (ft)
    217 ft
  • Traffic Count
    30,389 AADT
  • Amenities
  • Year Built
    1990
  • Parking Ratio
    11.95 per 1,000 SF
  • Total Parking
    63
  • Acres
    1.29
  • Zoning
    BI - Neighborhood Nodes (Node B)
  • APN
    88-20-25-229-026

Deal Team

Sal Yaldo profile image

Sal Yaldo

Managing Partner
Apex Commercial Real Estate Advisors
MI RE Lic. 6501438965