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Sale

Sweetwaters Coffee & Tea

44560 Garfield Rd
Clinton Township, Michigan

eCode:947B

Property Type

Shopping Center

Date Available

Immediately

Sales Price

$750,000.00 (Portfolio Price)

Rent

$26.40/SF NNN

Building Size

2,100 SF

Traffic Count

Garfield Rd (26,762 CPD)
Hall Rd (M-59) (84,843 CPD)

Highlights

  • Lease Expiration:
    • 11 / 2028
  • Rent:
    • $24.60/SF NNN
    • Two (2) Five (5) Year Options Thereafter
  • Bldg Size:
    • 2,100 SF
    • EndCap Location w/Drive-Thru
  • Properties to be sold as a portfolio.
  • New franchisee approval required from Sweetwaters Coffee & Tea Corporate
  • Buyer must assume the Lease and meet the financial qualifications, including a minimum of $250,000 in liquid capital and a net worth of at least $500,000.
  • The locations must continue operating as Sweetwaters Coffee & Tea and maintain brand standards, with an estimated 21-30 days to complete the franchisee transition.

Radius 1 Mile 3 Mile 5 Mile
Population Density 12,475 116,188 258,246
Household Income $86,521 $111,340 $113,177
Daytime Pop 9,563 37,417 98,048

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