Single-Tenant NNN Restaurant Investment in Busy Retail Corridor

Highlights:

• Secure Income Stream – Single-tenant NNN lease with four years remaining; personal guarantee in place
• Tenant-Funded Renovations – Completely remodeled in 2019 with new kitchen, bar, and seating for 110+ patrons
• Attractive Cap Rate – 8% return with predictable cash flow
• Strong Real Estate Fundamentals – 3,292 SF freestanding restaurant with 70 dedicated parking spaces and monument signage
• Prime Retail Corridor – High-visibility location on Orchard Lake/12 Mile Rd with quick access to I-696
• High Demographics – $133,154 average HH income and 90,000 daytime employees within a 3-mile radius

Description:

This 3,292 SF single-tenant restaurant presents a secure NNN investment opportunity in the heart of Farmington Hills’ busy retail corridor. The property is leased to an established tenant under a 10-year agreement that commenced in 2019, with four years remaining and a personal guarantee in place for added security. In conjunction with the lease, the tenant invested heavily in a full interior remodel that included a brand-new kitchen, upgraded bar, and additional seating for over 110 customers. The building also features a dedicated parking lot with 70 spaces and monument signage along 12 Mile Road. Offering an attractive 8% cap rate, this property delivers predictable cash flow supported by strong real estate fundamentals.

This high-visibility restaurant is located in a busy retail corridor of Farmington Hills, just east of Orchard Lake Rd, with quick access to I-696. Neighboring retail businesses include national chains like Jax Car Wash, Wendy's, Benjamin Moore Paints, and Discount Tire. Several hotels are within walking distance to this property including Fairfield Inn & Suites and Extended Stay America. Average household income of $133,154 and workday population of 90,000 within 3-mile radius of this property.

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