419 S Main St - Restaurant FOR SALE
Royal Oak, MI 48067 |
419 S Main St
Royal Oak, MI 48067
HIGHLIGHTS
- Prime location in affluent, vibrant suburb of Detroit
- Downtown hard corner location with high foot traffic
- Growing, dense infill location – strong demographics | 143,542 population within a 3-mile radius
- 10 years absolute net lease | 10% rental escalations every 5 years
- Mission restaurant group – Michigan based restaurant operator
- Bandit Tavern & Hideaway – Royal Oak, MI | Mission Restaurant Group recently placed $500k in renovations to the subject property
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Bandit Tavern & Hideaway
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
15000
STORIES
3
YEAR BUILT
1939
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
25-22-108-013
