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Lease

Restaurant Space – Downtown Royal Oak

202 E 3rd Street
Royal Oak, Michigan

eCode:879

Property Type

Restaurant

Date Available

Immediately

Rent

Ground Level: $25.00/SF NNN
Lower Level: $12.00/SF NNN

NNN Expense

$5.00/SF

Available Space

Ground Level: 3,000 SF - 6,151 SF
(Currently Main Floor Dining, Bar Area, and Outdoor Patio)
Lower Level: 2,000 SF
(Currently Additional Seating with two Bars and Event Space)

Zoning

Neighborhood Business

Highlights

  • Rare Downtown Royal Oak Turnkey Freestanding Restaurant & Event Space
  • Office/ Retail opportunities possible
  • Ground Level is divisible into two spaces
    • (3,000 SF – 6,151 SF)
  • Prominent corner location with great visibility
  • Outdoor patio available
  • First time on the market in more than a decade
  • Located adjacent to Royal Oak’s Henry Ford Medical Center, Centennial Commons Park, Farmers Market, City Hall, and a variety of dining, retail, and entertainment establishments.
  • High foot traffic in the heart of southeast Michigan’s most walkable area
  • Royal Oak is Metro Detroit’s most central location, minutes away from I-696, I-75, and M-1 (Woodward Avenue).

Radius 1 Mile 3 Mile 5 Mile
Population Density 2,792 57,615 174,649
Household Income $101,609 $93,111 $94,100
Daytime Pop 2,495 24,416 61,658

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