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32811 Stephenson Hwy
Royal Oak, MI 48073

$1,716,421 USD

Fast Food For Sale  •  2,784 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,784 SF
• Lot Size 1.05 AC
• Building Class C
• Year Built 1998
• Cap Rate 4.50 %
• Tenancy Single
• Zoning C-1

20 Transit Score

50 Walk Score

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

Property Flyers

OM - McDonald's - 32811 Stephenson Hwy, Madison Heights, MI 48071

Cap Rate:

4.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
McDonald's	2,784 SF	10/31/2031

Amenities

• Pylon Sign
• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	4.3 mi
	11 min	-	5.0 mi
Airport	Drive	Walk	Distance
Windsor International	42 min	-	24.9 mi
Detroit Metro Wayne County	47 min	-	34.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	45
Type:	Surface
Included in Rent:	Yes