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30685 W 12 Mile Rd
Farmington Hills, MI 48334 Farmington

$975,000 USD

Restaurant For Sale  •  3,292 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,292 SF
  • Lot Size 0.9 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning B-3
0 Transit Score
56 Walk Score

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
Desirable Demographics – $133,154 average HH income and 90,000 daytime employees within a 3-mile radius

Property Flyers

Cap Rate: 8.00 %

Amenities

  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Detroit Metro Wayne County 41 min - 30.4 mi
Windsor International 53 min - 31.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 73
Type: Surface
Included in Rent: Yes
Daniel Blugerman 248-701-9001 P.A. Commercial, LLC
Daniel Blugerman 248-701-9001 P.A. Commercial, LLC