45225 Marketplace Blvd - Restaurant FOR SALE


Chesterfield, MI 48051- New Baltimore
$2,500,000 USD
332-345-4222
45225 Marketplace Blvd, Chesterfield, MI for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/3
null | 6% Cap Rate

45225 Marketplace Blvd
Chesterfield, MI 48051
New Baltimore


HIGHLIGHTS

  • 15-Year Absolute NNN Sale-Leaseback
  • Stable, Inflation-Aware Rent Increases
  • Franchisee Guarantee by Leading Multi-Unit Operator
  • Dual-Tenant Concept

OVERVIEW

Surmount is pleased to present the exclusive listing for a Morning Belle & Blue Porch Bar & Grill located at 45225 Marketplace Blvd, Chesterfield, MI 48051. The site consists of roughly 7,317 rentable square feet of building space on an estimated 2.45-acre parcel of land. This Morning Belle & Blue Porch Bar & Grill is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $150,000 and has scheduled increases of lesser of change in CPI and 1.50% annually.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morning Belle & Blue Porch Bar & Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

144

LAND DETAILS

LAND ACRES

2.45 AC

LAND SF

106,722 SF

ZONING

C-4 Mult

APN/PARCEL ID

15-09-31-351-024

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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