Former Wendy’s – Drive Thru Equipped

2,845 SF drive-thru equipped building situated on 0.90 acres in the heart of Waterford, Michigan.
Former Wendy's restaurant location for decades, offering a proven quick-service restaurant layout and infrastructure
Current Tenant in Place Through 12/31/2027 - Wendy’s continues to occupy the property through December 31, 2027, paying $4,738.68 per month. This provides a buyer with in-place rental income while they evaluate and implement a backfill, re-tenanting, or redevelopment plan.
Constructed in 1982 with an existing drive-thru configuration, making it well-suited for purchase and/or lease by restaurant, coffee, fast casual, retail, medical, or service-oriented users.
Excellent signage, visibility, and frontage along heavily traveled Elizabeth Lake Road.
Strong accessibility with excellent ingress and egress for customers from multiple directions.
Located near the intersection of Elizabeth Lake Road and Cass Lake Road, one of Waterford's primary commercial corridors.
Positioned within a dense suburban trade area surrounded by established single-family residential neighborhoods that provide a consistent customer base.
Strong retail demographics with an average population exceeding 70,000 residents within a 3-mile radius.
Located in Waterford Township, an Oakland County suburb of Detroit, one of the most affluent and densely populated counties in Michigan.
Surrounded by a strong mix of national retailers, including McDonald's, Burger King, AutoZone, O'Reilly Auto Parts, and numerous additional retail, restaurant, and service operators.
Rare opportunity to purchase and/or lease a highly visible freestanding drive-thru property in a mature and established retail corridor.

Former Wendy’s – Drive Thru Equipped

Overview

Encore Real Estate Investment Services

Additional Information

Encore Real Estate Investment Services

Parcel & Location