Freestanding Retail for Lease

Retail-Commercial for Lease
Catylist Listing ID: 28463854
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 4,364 SF
Building Size (RSF): 4,364 SF
Gross Land Area: 1.06 Acres
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $5,455
Lease Types: NNN
Building Name: Former Rib City
Usable Size (USF): 4,364 SF
Last Updated: 11/27/2017

Overview / Comments

This 4,364 SF freestanding building (former Rib City restaurant and bar) is located just north of the lighted intersection of John R Road and East Maple Road in Troy, Michigan. Being just minutes from I-75, Somerset Mall, and Oakland Mall, this busy, high-traffic area is ideal for a restaurant/bar or family dining. The property has 220 FT of frontage on John R Road. Ample parking and monument signage are available. 

THIS PROPERTY IS ALSO FOR SALE: $575,000.

Expand All Available Space

Suite: 1 4,364 SF $15 PSF (Annual) NNN
Level/Floor: 1
Space Available: 4,364 SF
Lease Rate: $15 PSF (Annual)
$5,455 (Monthly)
Lease Type: NNN
Space Description: Former Rib City Restaurant.

THIS PROPERTY IS ALSO FOR SALE: $575,000.
Space Subcategory: Free-Standing Store, Regional Mall
Date Available: 1/11/2013
Space Type: Relet
Tax Expenses $4.80 PSF (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Troy South
Tax ID/APN: 2025352047
Zoning: B-3
Market Type: Large
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Maple Road & Big Beaver Road
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Maple Road
Feet of Frontage: 220
Traffic/Vehicle Count: 20,000
Highway Access: Approximately 1 mile from I-75
Site Description: The wide open interior and the ample parking makes this building ideal for a restaurant/bar or family dining.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,364 SF
Property Condition: Good
Year Built: 1976
Year Renovated: 2006
Roof Type: Flat
Parking Type: Surface
Heat Source: Central
Air Conditioning: Air Curtain
Internet Access: Cable
Interior Description: Wide Open.
Zoning Description: B-3
Lot Frontage: 220
Lot Depth: 193
Easements Description: Water: Public. Sewer: Public.
Legal Description: T2N, R11E, SEC 25 SUPERVISOR'S PLAT OF MAPLE ACRES LOT 7 EXC E 80 FT, ALSO EXC W 27 FT IN RD, ALSO LOT 8 EXC W 27 FT IN RD

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,513 135,119 348,982
Median Age: 44.62 40 40.57
Households: 4,352 53,292 144,677
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