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Bubba's 33 (Texas Roadhouse Credit)

$2,700,000

720 Brown Road, Auburn Hills, MI 48326

Active
Last Updated: 08/12/2026

5

Cap Rate

135,000

NOI

Details:
Cap Rate:    5%
NOI:    $135,000
Building Size:    7,163 sqft
Lot Area:    1.76 acres
Occupancy:    100%
Year Built:    2002
Tenancy:    Single
Year Last Renovated:    2026
Construction Status:    Renovation In Progress (including new roof, HVAC and parking lot)
Highlights:
  • Backed by Texas Roadhouse, Inc.
  • Prime Auburn Hills Retail Corridor
  • Full Building Renovation (2026)
  • Direct I-75 Visibility
  • Absolute Net Building Lease / Full Depreciation Available
  • Low, Under-Market Rent
  • Brand New 15-Year Lease with Built-in Growth
Description:

Landmark Investment Sales is pleased to offer for sale a brand-new Bubba's 33 in Auburn Hills, Michigan, backed by Texas Roadhouse, Inc. and secured by a new 15-year absolute net lease. Located within the Auburn Mile Shopping Center as a pad site to Meijer and Target, the site sits among Costco, Sams Club, Top Golf, Menards, and Home Depot, and is adjacent to Great Lakes Crossing Outlets (1.3M SF), Michigan's highest-performing mall. With direct I-75 visibility (96,726 CPD), under-market rent, a depreciable building, and a full renovation underway ahead of a Fall 2026 opening, the offering presents a rare, next-to-new asset with a long-term, credit-backed tenant.

Map:
Documents:
Title
137i_Bubba_s_33-Auburn_Hills__MI-OM.pdf
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Location
Gallery