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Walgreens | Qdoba | Brunch Cafe

$7,500,000

17001 Newburgh Rd, Livonia, MI 48154

Active
Last Updated: 08/28/2025

7.09

Cap Rate

531,569.04

NOI

Details:
Cap Rate:    7.09%
NOI:    $531,569.04
Building Size:    19,390 sqft
Lot Area:    2.47 acres
Occupancy:    100%
Units:    3
Year Built:    2007
Highlights:
  • Attractive Tenant Mix | Dominant Retail & Commercial Corridor
  • Ideal Access / Visibility | 2.47 Acre Hard Corner Main-On-Main Intersection
  • Qdoba & Brunch Cafe Have Both Extended Their Primary Terms
  • Extreme High Volume Traffic Counts | 79,275 VPD+ Combined at Intersection
  • Strategic Location Along Six Mile Road which Intersects with Interstate-275 (179,452 VPD+) Just One Block West of the Subject Site
  • Upscale Demographics | Average Household Income Exceeds $122,000 in Just 1-Mile from Subject Property | Populations Exceeds 197,925 within 5-Miles
  • Located Across from the 506,685 SF Laurel Park Place Mall (Anchors: Von Maur & Dunham's Sports)
  • Nearby Retailers Include: The Home Depot, Target, Trader Joes, Kroger, Meijer, Costco, REI, Busch’s Fresh Food Market, BJ’s Wholesale Club, Dick’s Sporting Goods, Barnes & Noble, PetSmart, Five Below, Office Depot, Best Buy, Office Max, Bed Bath & Beyond, Pier 1 Imports, O’Reilly Auto Parts, Sherwin–Williams, AT&T, GNC, FedEx Office, Chase, Bank of America, Fleming’s Steakhouse, J Alexander’s, P.F. Chang’s, BurgerFi, Red Robin, Buffalo Wild Wings, Panera Bread, Chipotle & More
Description:

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With a small–town sense of community and big–city conveniences, Livonia is
Michigan’s ninth largest city with a population of 96,942. The city of Livonia has
a total area of 36–square–miles and is a part of Metro Detroit. Livonia is located
approximately 15 miles northwest of downtown Detroit, and less than two miles
from the western city limits of Detroit. Livonia is a large suburb, with one of the
lowest tax rates in Wayne County and strong emphasis on public safety. It is
centrally located with easy freeway access to much of the metropolitan Detroit
area. Livonia offers an array of traditional neighborhoods, great schools, public
services, and a large, vibrant community.
Livonia is a carefully planned community of residential, industrial, commercial and
civic development. Livonia’s superior education system features two public school
systems, several parochial schools, seven institutions of higher education, and
three public libraries, all of which contribute to the skilled workforce that operates
over 4,000 local businesses in the city. The major local employers include Ford
Motor Company, United Parcel Services (UPS), Roush Enterprises, NYX Inc.,
Phillips Service Industries, Inc., McLaren Performance Technologies, and St. Mary
Mercy Hospital.
Even with its large population, Livonia has successfully maintained its friendly,
hometown atmosphere while placing a strong emphasis on public safety and
public services. These characteristics have gained Livonia recognition in recent
years and contribute to the city’s rise in popularity as one of Detroit‘s premier
suburbs. Livonia was recognized by the FBI as the Second Safest City in Michigan
(populations over 75,000). It has been named as the Second Best Kid Friendly
Place in the Nation; the Second Least Economically Stressful City; the 10th
Happiest Mid-Sized City in the Country (2016); the 40th Family Friendliest City
in the Nation (2015); one of Michigan’s best places for home ownership and
raising a young family; and one of the Top 50 Green Cities in the U.S. by Popular
Science in 2008.

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