Investment Overview

Marcus & Millichap is pleased to present Marlow’s Chill & Grill Sports Bar, a single-tenant restaurant located at 23307 Telegraph Road in Brownstown Charter Township, Michigan. The property is situated on a 3.06-acre lot with approximately 285 feet of road frontage and ample parking. Marlow’s executed a five-year extension on the absolute net lease in November 2023 and has occupied the property since 2007. Marlow’s is positioned next to a Kroger anchored center containing Dollar Tree, Walgreens, and other national/local tenants. Kroger has a historical occupancy of over 17 years. The restaurant is strategically located near the corner of Telegraph Road and West Road with excellent visibility. Combined traffic counts total 47,420 vehicles per day. The area benefits from a dense retail market with 8.7 million square feet of retail in a five-mile radius with a 94.8 percent occupancy rate. There are over 117,000 full-time residents with an average household income of $80,000 per year within five miles of the asset. The subject property is adjacent to Henry Ford Health Center with a 24/7 Urgent Care. Interstate-75 (82,622 VPD) is within two miles of the asset along with the Ford Motor Company Woodhaven Stamping Plant (499 employees), and a large retail corridor featuring Big Box tenants such as Lowe’s, The Home Depot, Meijer, Kohl’s, Target, Walmart and ALDI. The Ford Flat Rock Assembly Plant (1,826 employees) and Detroit Metro Airport are also within close proximity of the property.