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Restaurant

Shake Shack | Prime Retail Location

39300 7 Mile, Livonia, MI 48152

Listing Price: $4,030,000

Cap Rate
6.00%
Tenant Name
Shake Shack Michigan, LLC
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
2,820
Lease Type
Absolute Net
Rent Per Square Feet
$85.82

Investment Overview

Shake Shack Livonia is an absolute NNN-leased investment featuring a large 1.70-acre parcel strategically positioned at the major four-way signalized intersection of W. Seven Mile Road and Haggerty Road, offering excellent visibility and access along a prominent retail corridor with traffic exceeding 50,000 vehicles per day. The property is located in the heart of Livonia’s primary retail and office district and benefits from strong surrounding retail synergy, with nearby national tenants including AMC Theatre, Home Depot, Trader Joe’s, BJ’s Brewhouse, Bahama Breeze, Chipotle, AT&T and more. The Shake Shack was newly constructed in 2022, further enhancing the property’s long-term appeal as a high-quality, low-management investment.

Investment Highlights

  • Prime Retail Location
  • Absolute NNN Ground Lease
  • Site Features Double Drive-Thru
  • Newly Built in 2022

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

Shake Shack | Prime Retail Location

Listing Price: $4,030,000

Cap Rate
6.00%
Tenant Name
Shake Shack Michigan, LLC
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
2,820
Lease Type
Absolute Net
Rent Per Square Feet
$85.82

Investment Highlights

  • Prime Retail Location
  • Absolute NNN Ground Lease
  • Site Features Double Drive-Thru
  • Newly Built in 2022

Investment Overview

Shake Shack Livonia is an absolute NNN-leased investment featuring a large 1.70-acre parcel strategically positioned at the major four-way signalized intersection of W. Seven Mile Road and Haggerty Road, offering excellent visibility and access along a prominent retail corridor with traffic exceeding 50,000 vehicles per day. The property is located in the heart of Livonia’s primary retail and office district and benefits from strong surrounding retail synergy, with nearby national tenants including AMC Theatre, Home Depot, Trader Joe’s, BJ’s Brewhouse, Bahama Breeze, Chipotle, AT&T and more. The Shake Shack was newly constructed in 2022, further enhancing the property’s long-term appeal as a high-quality, low-management investment.

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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