Restaurant
Starbucks w/ Drive-Thru | Detroit MSA | NNN Ground Lease
1845 Southfield Rd, Lincoln Park (Detroit MSA), MI 48146
Listing Price: $1,504,609
Investment Overview
Lincoln Park is a city in the southeastern part of Michigan, United States. It is located in Wayne County and is considered part of the Downriver area. The city has a population of approximately 36,000 people and covers an area of about 5.89 square miles. The city was named after Abraham Lincoln and was founded in 1921. During its early years, Lincoln Park was primarily a farming community, but it gradually grew into a thriving industrial city. The city is home to several industrial and manufacturing businesses, including automotive parts suppliers and steel mills. Lincoln Park is also known for its parks and recreation areas. The city has several parks, including Youth Center Park, Memorial Park, and Council Point Park, which features a fishing pier and a walking trail along the banks of the Ecorse Creek. The city is served by the Lincoln Park Public Schools district, which operates several elementary schools, a middle school, and a high school. The city also has a public library and a community center that offers a variety of programs and activities for residents. Overall, Lincoln Park is a small but vibrant city that offers a mix of industrial, residential, and recreational opportunities.
Starbucks w/ Drive-Thru | Detroit MSA | NNN Ground Lease
Investment Highlights
- Starbucks w/ Drive-Thru on a NNN Ground Lease Featuring 10% Rental Increases at Each Option. Strong Performing Location per Placer.ai: Ranked Top 5% in the Chain based on Foot Traffic.
- Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #120 on the Fortune 500 List with an Annual Revenue of more than $32.25 Billion.
- Positioned Along Area's Major Traffic & Industrial Corridor - Easy Access & Excellent Visibility on Heavily Trafficked Southfield Rd w/ Daily Traffic Counts Exceeding 57k Vehicles.
- Adjacent to a Strong Performing Kroger - Ranked Top 20 in Michigan (approx. 1.4 Million Visits within the last 12 Months) and near to a Diverse Mix of Businesses, including Retail Stores, Rental Services, and Automotive Repair Shops.
- Densely Populated Area: Features more than 255k People Residing within a 5-mile Radius. Lincoln Park, Chicago's Largest Park, is One of the Most Affluent Neighborhoods in Chicago.
- Across from $403M Northland Center Mall Redevelopment Project - The 1st Phase Envisions 1,546 Housing Units spread across Five- and Six-Story Buildings, including Retail Space for Fast-Casual Restaurants, C-Stores, and a potential Urgent Care Facility.
- The Site Benefits from its Close Proximity to Downtown Detroit - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
- Minutes from Council City Park, a City-owned Park featuring a 1.9 Mile Jogging Track along the Ecorse River, two Baseball/Softball Diamonds, two Soccer Fields, a Picnic Pavilion, a Children's Park with a Playscape, and an Inline Hockey Arena. Near Numerous Schools including Lincoln Park High School (2,149+ Students), providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
Restaurant
Starbucks w/ Drive-Thru | Detroit MSA | NNN Ground Lease
Listing Price: $1,504,609
Investment Highlights
- Starbucks w/ Drive-Thru on a NNN Ground Lease Featuring 10% Rental Increases at Each Option. Strong Performing Location per Placer.ai: Ranked Top 5% in the Chain based on Foot Traffic.
- Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #120 on the Fortune 500 List with an Annual Revenue of more than $32.25 Billion.
- Positioned Along Area's Major Traffic & Industrial Corridor - Easy Access & Excellent Visibility on Heavily Trafficked Southfield Rd w/ Daily Traffic Counts Exceeding 57k Vehicles.
- Adjacent to a Strong Performing Kroger - Ranked Top 20 in Michigan (approx. 1.4 Million Visits within the last 12 Months) and near to a Diverse Mix of Businesses, including Retail Stores, Rental Services, and Automotive Repair Shops.
- Densely Populated Area: Features more than 255k People Residing within a 5-mile Radius. Lincoln Park, Chicago's Largest Park, is One of the Most Affluent Neighborhoods in Chicago.
- Across from $403M Northland Center Mall Redevelopment Project - The 1st Phase Envisions 1,546 Housing Units spread across Five- and Six-Story Buildings, including Retail Space for Fast-Casual Restaurants, C-Stores, and a potential Urgent Care Facility.
- The Site Benefits from its Close Proximity to Downtown Detroit - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
- Minutes from Council City Park, a City-owned Park featuring a 1.9 Mile Jogging Track along the Ecorse River, two Baseball/Softball Diamonds, two Soccer Fields, a Picnic Pavilion, a Children's Park with a Playscape, and an Inline Hockey Arena. Near Numerous Schools including Lincoln Park High School (2,149+ Students), providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
Investment Overview
Lincoln Park is a city in the southeastern part of Michigan, United States. It is located in Wayne County and is considered part of the Downriver area. The city has a population of approximately 36,000 people and covers an area of about 5.89 square miles. The city was named after Abraham Lincoln and was founded in 1921. During its early years, Lincoln Park was primarily a farming community, but it gradually grew into a thriving industrial city. The city is home to several industrial and manufacturing businesses, including automotive parts suppliers and steel mills. Lincoln Park is also known for its parks and recreation areas. The city has several parks, including Youth Center Park, Memorial Park, and Council Point Park, which features a fishing pier and a walking trail along the banks of the Ecorse Creek. The city is served by the Lincoln Park Public Schools district, which operates several elementary schools, a middle school, and a high school. The city also has a public library and a community center that offers a variety of programs and activities for residents. Overall, Lincoln Park is a small but vibrant city that offers a mix of industrial, residential, and recreational opportunities.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
