Offering Memorandum

Investment Sale

Bubba’s 33 (Texas Roadhouse Credit)

720 Brown Rd
Auburn Hills, Michigan

eCode:137i

Sales Price

$2,700,000

NOI

$135,000

Cap Rate

5.00%

Building Size

7,163 SF

Lot Size

1.76 AC

Year Built

2002 / 2026 Renovation In Progress (including new roof, HVAC and parking lot)

Zoning

B-2, General Business District

Traffic Count

I-75 (96,726 CPD)
Brown Rd (17,956 CPD)
Joslyn Rd (12,830 CPD

Highlights

  • Backed by Texas Roadhouse, Inc.
  • Prime Auburn Hills Retail Corridor
  • Full Building Renovation (2026)
  • Direct I-75 Visibility
  • Absolute Net Building Lease / Full Depreciation Available
  • Low, Under-Market Rent
  • Brand New 15-Year Lease with Built-in Growth

Radius 1 mile 3 mile 5 mile
Population Density 685 39,879 137,644
Household Income $120,342 $98,551 $115,792
Daytime Pop 7,318 41,404 104,989

SIMILAR PROPERTIES

Single-Tenant
1550 Orchard Crossing
Benton Harbor, Michigan

$3,782,563 | 30,038 SF
Single-Tenant
6829 Airport Highway
Holland, Ohio

$2,000,000 | ~500 SF
Single-Tenant
39700 MacKenzie Dr
Novi, Michigan

Unpriced | 56,429 SF
Multi-Tenant
5380 Monroe St
Toledo, Ohio

$3,238,970 | 12,949 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement