15133 Hall Rd - Restaurant FOR SALE


Utica, MI 48315
$6,784,150 USD
248-514-8156
15133 Hall Rd, Utica, MI for Sale
$6,784,150 USD
Restaurant - FOR SALE
1/5
null | 6% Cap Rate

15133 Hall Rd
Utica, MI 48315


HIGHLIGHTS

  • Brand New Construction / Zero Near-Term Capital Exposure
  • Generational “Main & Main” Location – Premier Hall Road Frontage
  • High-Profile, Credit Tenancy with New 10-Year Lease
  • Exceptional Demographics Supporting Long-Term Retail Performance

OVERVIEW

Landmark Investment Sales is pleased to offer for sale a newly redeveloped, institutional-quality strip center, fully reconstructed from a former standalone restaurant, located at a generational “Main & Main” position along Hall Road (85,000 VPD), Southeast Michigan’s premier retail corridor. The property is a direct outlot to a high-volume Meijer and adjacent to Michigan’s highest-performing Costco (per Placer.ai), surrounded by a dense lineup of best-in-class national retailers. The center is fully leased to CAVA Group (NYSE: CAVA) and Navy Federal Credit Union under brand-new 10-year leases commencing Summer 2026 with scheduled 10% rental increases in Year 5. Supported by strong, affluent demographics, the property offers long-term durability, minimal capital exposure, and sustained tenant demand.

FOR SALE DETAILS

PRICE

$6,784,150 USD

PRICE/SF

$979 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

C-3

APN/PARCEL ID

23-07-36-400-062

ASK ABOUT THIS PROPERTY

Max LippittLandmark Commercial RE ServicesMore Info
248-514-8156

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Max LippittLandmark Commercial RE ServicesMore Info
248-514-8156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.