Former Bob Evans

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Former Bob Evans

Type: Sale/Lease

4363 Highland Rd Waterford MI Oakland County

Property Type: Restaurant

Date Available: Immediately

Sales Price: $1,450,000

Rent: $19.50/SF NNN

Contact Person(s): John Kello
& Scott J. Sonenberg

(248) 488-2620

Description:

Outstanding opportunity to Lease a former restaurant equipped with furniture, fixtures, and equipment on Highland Road (36,500 cpd) in Waterford, MI. The property is available for Lease or Ground Lease. The site is located in the Southwest Quadrant of Highland Road & Pontiac Lake Road across the street from Meijer. With 266 feet of frontage, the location is highly visible from the road. Area tenants include: Kroger, Planet Fitness, Gordon Food Service, Dollar Tree and many more. Please contact John Kello or Scott Sonenberg for any additional questions.

NNN Expense: $4.50/SF

Property Taxes: $17,497.46

Lot Size: 1.36 acres

Lot Dimensions: 266’ of frontage on Highland Road

Available Space: 4,961 SF

Zoning: B1

Traffic Count: Highland Rd= 36,500 cpd
Pontiac Lake Rd= 10,400 cpd

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 7,372 61,836 157,856
Avg. HH Income: $70,312 $77,499 $84,406

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.