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Restaurant Space with Existing FF&E
For Lease
$25 SF/Yr

32729 Northwestern Highway, Farmington, MI 48334

Former restaurant property with existing furnishings, fixtures, and equipment in a B-3-zoned retail setting.

Space SizeContact for details
Property Size7,800 SF
Days on Market638

Property Features for 32729 Northwestern Highway

General Information

Standard status Active
Size 7,800 SF
Total Parking Spaces 87
Property subtype Retail
Zoning B-3

Space & Availability

Space Use Restaurant
Furnished Yes

Building Details

Building Size 7,800 SF
Year Built 1992
Year Renovated 2010
Buildings 1
Stories 1
Listing Agency: Signature Associates - Southfield
Listed By: Marvin Petrous · License #6501386692
Source: Cpix.resimplifi
Added: Dec 3, 2024 Changed: Aug 30 Last Checked: Aug 30 at 7:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This 7,800-square-foot restaurant property was built in 1992 and includes existing furniture, fixtures, and equipment. The former restaurant configuration supports continued food-service use, while the B-3 zoning provides the stated commercial framework for the site.

The property occupies a visible position on Northwestern Highway in Farmington, directly across from Home Depot and beside a new Holiday Inn Express. The surrounding setting includes national retailers and established restaurants, placing the building within an established commercial corridor.

Key Highlights

  • 7,800‑square‑foot former restaurant property
  • Existing furniture, fixtures, and equipment included
  • B‑3 zoning supports the property’s commercial setting

Property Analytics

Current Use

New Hellas Restaurant

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Garden Center Building Supply Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,262
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48334, MI

18,731
Population
8,528
Households
2.2
Avg Household Size
45
Median Age
59%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,058
Density / Sq Mi
$98,937
Median Household Income
$56,067
Median Earnings
$1,511
Median Rent
$327,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant property with existing furnishings, fixtures, and equipment in a B-3-zoned retail setting.
Where is this conventional restaurant located?
The property is located at 32729 Northwestern Highway Farmington, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 7,800‑square‑foot former restaurant property; Existing furniture, fixtures, and equipment included; B‑3 zoning supports the property’s commercial setting
More about this property
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