Former Restaurant - 12 Mile and Orchard Lake, Farmington Hills

Retail-Commercial for Sale
Catylist Listing ID: 30018556
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,292 SF
Gross Land Area: 0.90 Acres
Sale Price: $1,000,000
Unit Price: $303.77 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2017

Overview / Comments

3,292 SF restaurant building on 12 Mile Road, just east of Orchard Lake. Access from both Orchard Lake Road and 12 Mile. Available for sale or lease. Great visibility at a very highly traveled intersection.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Farmington / Farm Hills
Tax ID/APN: 23-14-101-034
Zoning: B-3 GENERAL BUSINESS
Property Located Between: Middlebelt and Orchard Lake
Property Visibility: Excellent
Largest Nearby Street: 12 Mile Road
Traffic/Vehicle Count: 25,683
Highway Access: Seconds from 696 ramp.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1972

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,488 85,749 229,402
Median Age: 43.94 43.62 43.54
Households: 4,255 35,863 96,766
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