4940 S Baldwin Rd - Restaurant FOR SALE
Orion Township, MI 48359 |
4940 S Baldwin Rd
Orion Township, MI 48359
HIGHLIGHTS
- 20-year corporately guaranteed lease with absolute net terms, ensuring minimal landlord responsibilities
- The tenant has occupied the property since 1986, demonstrating long-term stability; Lease includes 10% rent increases every 5 years
- Outparcel pad location to Kohl's, HomeGoods, Ashley, Ulta Beauty, and Petco anchored shopping center
- Located near destination outlet mall, Great Lakes crossing - 1.4 million square feet of retail space
- In close proximity to TopGolf, Meijer, Menards, Target, and Costco; 5 mile population of 122,254 & 5 mile AHHI of $85,743
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Big Boy - Lake Orion, MI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
4759
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
09-32-351-026
