Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2007
Building Area
Occupancy 100.0 %

Property Description

Starter's Bar & Grill is a local restaurant chain that has 4 locations in the Detroit area and has been in operation since 1977. Starter's is operating on a long term, 10-year lease with a full personal guaranty. The location benefits from a 3-mile population of over 163,741 and 24,450 VPD that pass the Property along Eight Mile Road.

Investment Highlights

Holliday Fenoglio Fowler, L.P. (“HFF”) Net Lease Advisory is pleased to exclusively offer a premier net lease opportunity to acquire a fee simple interest in a single tenant restaurant outparcel at the Eastland Mall leased to Starter’s Bar & Grill (the “Property”) in Harper Woods, MI. The Property is situated off of Eight Mile Road which boasts over 24,450 VPD and is a main corridor in the immediate area. The property is surrounded by various national retailers including The Home Depot, Kroger, and Lowe’s, further increasing consumer traffic to the site. Starter’s Bar and Grill is a Detroit based restaurant chain with four locations, serving numerous dishes featuring meat, seafood, pasta, and vegetables. All four locations are in the Greater Detroit Area and the chain has been in operation since 1977.
Last Updated Date: 24 Jul 2020
Marc Mandel
Marc Mandel
Managing Director, Capital Markets
License details
PA - AB068236 DE - RS-0019936 NJ - 0894218
Steve Schrenk
Steve Schrenk
Director, Capital Markets
License details
NJ-1433421

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+46812111187
Last Updated Date: 24 Jul 2020

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.