Offering Memorandum

Investment Sale

New Construction STNL Restaurant Portfolio

17115-17117 N. Laurel Park Dr
Livonia, Michigan

eCode:121i

Sales Price

Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000

Cap Rate

Cooper’s Hawk Winery & Restaurant: 5.00%
The Capital Grille: 5.00%

Building Size

Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF

Lot Size

Cooper’s Hawk Winery & Restaurant: 2.15 AC
The Capital Grille: 2.35 AC

Year Built

Cooper’s Hawk Winery & Restaurant: 2026
The Capital Grille: 2026

Traffic Count

Six Mile Rd (24,749 CPD)
I-275 (163,281 CPD)

Highlights

  • Premium Credit-Tenant Restaurant Concepts
  • Brand New Construction
  • Strong Anticipated Performances
  • High Profile Retail / Hotel / Office Location
  • Passive Investment | Ground Lease – Zero Landlord Responsibilities

 

Radius 1 mile 3 mile 5 mile
Population Density 7,866 65,905 207,453
Household Income $137,433 $145,632 $137,125
Daytime Pop 9,411 59,935 152,959

SIMILAR PROPERTIES

Single-Tenant
3980 Rivertown Parkway SW
Grandville, Michigan

$3,764,705 | 4,000 SF
Single-Tenant
1007 Memorial Rd
Houghton, Michigan

$4,117,647 | 14,550 SF
Multi-Tenant
3005 Boardwalk Dr
Ann Arbor, Michigan

$5,500,000 | 45,390 SF
Multi-Tenant
6029-6035 E Virginia Beach Blvd
Norfolk, Virginia

$2,037,959 | 16,325 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement