List Search

1396 S Main St
Adrian, MI 49221

Price Upon Request

Restaurant For Sale  •  6,133 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,133 SF
  • Lot Size 0.79 AC
  • Building Class C
  • Year Built 1995
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning B-4
40 Walk Score

Highlights

High-Performing Location Ranking Top 2% Statewide & Top 4% Nationwide per Placer.ai Data
2026 Planned Applebee’s Greenhouse Remode
10-Year Absolute Net Sale-Leaseback 10% Rent Increases Every Five Years & in Options
Low Rent-to-Sales Ratio: 4.80% Supporting Long-Term Store Performance
Tenant: TSFR Apple Venture which is owned by TEAM Schostak Family Restaurants | Award-Winning Operator Recognized as a USA Today Top Workplace
Prime outlot positioned on a 0.79 acre parcel at the Adrian Crossroads Plaza, a 122,669 square foot retail center with national tenants

Property Flyers

Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Applebee's 6,133 SF

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Eugene F Kranz Toledo Express 58 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Darin Gross 248-884-7400 Marcus & Millichap
Darin Gross 248-884-7400 Marcus & Millichap