This restaurant facility is ready for a new concept to capitalize on the proximity to upscale residential, retail, and of?ce spaces. The owner negotiated with the prior tenant to leave everything for the next business. The owner prefers a sale but is willing to lease to an established chain business.
Formerly Anna’s House Restaurant, it opened in the fall of 2018 and vacated this location in April 2021 due to the COVID-19 Pandemic. Annual sales exceeded $1.5 Million for this location. The investment for the buildout, updates & ?nishes exceeded $1,000,000. The Equipment investment exceeded $250,000. Construction plans will be provided upon request. This building was constructed in 2004 for TGI Friday's. TGI Fridays operated successfully for several years, then suffered from two years of road construction on Northwestern Highway and closed the location. At the end of TGI Friday's lease term, the landlord defaulted, and this property was sold by the lender to the current owner.
This property is called “North Orchard Plaza Outlot B,” which is part of the Planned Unit Development Agreement between the City of Farmington Hills and the Grand/Sakwa Acquisition dated April 2, 2001. A copy of the Agreement will be provided upon request.