5962 Meridian

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5962 Meridian

Brighton, MI 48116
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • High-performing Ritter's Custard retail property located in Brighton.
  • Surplus land included allows for immediate expansion or development.
  • Established QSR asset currently operating in a suburban market.
  • Property offers growth potential through additional site development.
  • Well-situated retail facility serving the local Brighton community.

What's Special

5962 Meridian operates as a high-performing Ritter's Custard location within the growing retail landscape of Brighton, Michigan. This QSR asset occupies a strategic position in a region known for steady suburban growth and strong consumer traffic. The site includes additional surplus land, providing a clear avenue for expansion or further development to meet increasing local demand. Investors and owner-operators will find this property well-positioned for continued food service success, benefiting from established operations and a footprint ready for scalability. Brighton serves as a vital corridor in the metro area, supporting a diverse commercial base that relies on high-visibility corridors like this one. Given the existing infrastructure and the available land, the site is suited for those seeking a value-add retail opportunity or a turnkey business operation in a competitive Michigan market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times