6301 Dixie Hwy - Restaurant FOR SALE


Bridgeport, MI 48722
$2,179,000 USD
201-919-6148
6301 Dixie Hwy, Bridgeport, MI for Sale
$2,179,000 USD
Restaurant - FOR SALE
1/1
null | 6.75% Cap Rate

6301 Dixie Hwy
Bridgeport, MI 48722


HIGHLIGHTS

  • Desirable, Nationally Recognized Tenancy – Starbucks & Verizon
  • Large Parcel w/ Drive-Thru & Ample Parking
  • Revenue-Generating EV Charging Stations
  • Limited Competition and Desirable Retail Trade Area
  • Significant Infrastructure Investments
  • Attractive, Low Price Per Square Foot

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee-simple interest in the Starbucks & Verizon located in Bridgeport, MI (“the Property”). The Property consists of a freestanding building with 4,718 square feet of retail space between two tenants. The Property is 100% occupied by Starbucks and Verizon, who are operating under passive net leases with limited Landlord responsibilities. Each lease also includes rental escalations offering investors a built in hedge against inflation. See the Lease Abstract for full details. The Property represents a rare acquisition opportunity in Bridgeport, MI, a growing community strategically positioned near the intersection of Interstate 75 and Dixie Highway, with combined traffic counts exceeding 75,000 vehicles per day. Surrounded by established neighborhoods and a robust retail corridor, the Property benefits from strong demographics, including 9,144 residents within a three-mile radius earning an average household income of $74,044, projected to grow at 3.51% annually through 2029. Anchored by nationally recognized tenants like Starbucks and Verizon, the Property offers investors a stable, income-generating asset with excellent visibility, high traffic, and access to a reliable and expanding customer base.

FOR SALE DETAILS

PRICE

$2,179,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks & Verizon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

C

APN/PARCEL ID

09115153014002

ASK ABOUT THIS PROPERTY

Christian TremblayNorthmarqMore Info
201-919-6148

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

Christian TremblayNorthmarqMore Info
201-919-6148

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