Freestanding Single-Tenant
1396 S Main St Adrian, MI 49221
1396 S Main St, Adrian, MI, 49221
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For Sale
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Freestanding 6,133-square-foot restaurant on a 0.79-acre parcel with direct frontage on South Main Street in Adrian, Michigan.
Property Size6,133 SF
Lot Size0.79 Acres
Days on Market70
Property Features for 1396 S Main St
General Information
- Standard status
- Active
- Size
- 6,133 SF
- Lot size
- 0.79 Acres
- Property subtype
- Restaurant
Listing agency
Detroit Office
(248) 415-2634
Listed by
Darin Gross · License #License(s): MI: 6501384871
(248) 415-2634
Source
Marcusmillichap
Added: May 14 Updated: Jul 21 at 12:36PM Checked: Jul 21 at 12:36PM
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Investment Insights
Based on property information with market context.
Marcus & Millichap presents a freestanding, single-tenant Applebee’s Neighborhood Grill and Bar restaurant in Adrian, Michigan. The offering includes a 6,133-square-foot building on a 0.79-acre parcel with direct frontage and strong visibility along South Main Street. The location has been continuously operated by the tenant since September 2012, reflecting long-term market commitment. The property is described as an absolute net lease structure, and current operating economics are supported by a low 4.80% rent-to-sales ratio.
The site is positioned within the Adrian Crossroads Plaza area, a long-established retail destination. Public remarks cite approximately 35,220 vehicles per day along South Main Street and US 223, with Placer.ai traffic data indicating the location ranks within the top 2% statewide and top 4% nationwide.
A Greenhouse Remodel is scheduled for 2026 to align with current Applebee’s brand standards, including exterior enhancements, updated interior finishes, modernized seating and bar areas, To-Go program enhancements, renovated restrooms, and parking lot improvements. The surrounding trade area is described as anchored by major retailers including Walmart Supercenter, Meijer, Lowe’s, and ALDI, with additional nearby retailers such as Dunham’s Sports, Hobby Lobby, Harbor Freight, and Tractor Supply Co.
This Applebee’s may also be acquired as part of a two-property portfolio with an additional continuously operated location in Kalamazoo, Michigan.
The site is positioned within the Adrian Crossroads Plaza area, a long-established retail destination. Public remarks cite approximately 35,220 vehicles per day along South Main Street and US 223, with Placer.ai traffic data indicating the location ranks within the top 2% statewide and top 4% nationwide.
A Greenhouse Remodel is scheduled for 2026 to align with current Applebee’s brand standards, including exterior enhancements, updated interior finishes, modernized seating and bar areas, To-Go program enhancements, renovated restrooms, and parking lot improvements. The surrounding trade area is described as anchored by major retailers including Walmart Supercenter, Meijer, Lowe’s, and ALDI, with additional nearby retailers such as Dunham’s Sports, Hobby Lobby, Harbor Freight, and Tractor Supply Co.
This Applebee’s may also be acquired as part of a two-property portfolio with an additional continuously operated location in Kalamazoo, Michigan.
Key Highlights
- Freestanding 6,133 SF single‑tenant Applebee’s Neighborhood Grill and Bar on a 0.79‑acre parcel in Adrian, MI.
- Direct frontage and visibility along South Main Street, one of Adrian’s primary commercial corridors.
- Tenant operated continuously since September 2012, supporting long‑term occupancy at this location.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding 6,133-square-foot restaurant on a 0.79-acre parcel with direct frontage on South Main Street in Adrian, Michigan.
Where is this conventional restaurant located?
The property is located at 1396 S Main St Adrian, MI.
What are key features of this property?
This property features: Freestanding 6,133 SF single‑tenant Applebee’s Neighborhood Grill and Bar on a 0.79‑acre parcel in Adrian, MI.; Direct frontage and visibility along South Main Street, one of Adrian’s primary commercial corridors.; Tenant operated continuously since September 2012, supporting long‑term occupancy at this location.
