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Restaurant

J. Alexander's | 20-Year Absolute NNN Lease

7440 Orchard Lake Rd, West Bloomfield, MI 48322

Listing Price: $6,915,000

Cap Rate
6.00%
Tenant Name
J. Alexander's
Guarantor
Corporate Guarantee
Rentable SF
9,107
Lease Type
Absolute Net
Rent Per Square Feet
$45.57

Investment Overview

The subject property is an absolute NNN sale-leaseback opportunity occupied by J. Alexander’s in West Bloomfield, Michigan. Strategically positioned directly across from the Hunter’s Square redevelopment, the property benefits from its proximity to a diverse mix of national tenants, including Nordstrom Rack, Meijer, RH Outlet, Total Wine, Old Navy, TJ Maxx, McDonald’s and Buffalo Wild Wings.

Investment Highlights

  • 20-year Absolute NNN Lease
  • Corporate Lease with J. Alexander's
  • One of J. Alexander's Top Performing Locations

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Managing Director Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s) MI: 6502433613

    Michigan

Restaurant

J. Alexander's | 20-Year Absolute NNN Lease

Listing Price: $6,915,000

Cap Rate
6.00%
Tenant Name
J. Alexander's
Guarantor
Corporate Guarantee
Rentable SF
9,107
Lease Type
Absolute Net
Rent Per Square Feet
$45.57

Investment Highlights

  • 20-year Absolute NNN Lease
  • Corporate Lease with J. Alexander's
  • One of J. Alexander's Top Performing Locations

Investment Overview

The subject property is an absolute NNN sale-leaseback opportunity occupied by J. Alexander’s in West Bloomfield, Michigan. Strategically positioned directly across from the Hunter’s Square redevelopment, the property benefits from its proximity to a diverse mix of national tenants, including Nordstrom Rack, Meijer, RH Outlet, Total Wine, Old Navy, TJ Maxx, McDonald’s and Buffalo Wild Wings.

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Managing Director Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s): MI: 6502433613

    Michigan

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