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

Attributes

Year Built 2007

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.
Marc Mandel
Marc Mandel
Managing Director
Licensed in
0894218;AB068236
Steve Schrenk
Steve Schrenk
Director
Licensed in
1433421

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