Restaurant Investment with New
For Sale
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17117 N Laurel Park Dr, Livonia, MI 48152
Two upscale restaurant concepts occupy a commercial property with direct I-275 access and five adjacent hotels.
Property Size9,079 SF
Price / SF$638.84
Days on Market119
Property Features for 17117 N Laurel Park Dr
General Information
Standard status
Active
Size
9,079 SF
Property subtype
Retail, Hospitality
Zoning
C-4, High-Rise Commercial District
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$290,000
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Landmark Commercial Real Estate Services
(248) 488-2620
Listed By:
Max Lippitt · License #MI 6501395927
Source:
Crexi
Added: May 6
Changed: Aug 30
Last Checked: Aug 30 at 10:06AM
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 Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This 9,079-square-foot restaurant property, completed in 2026, features The Capital Grille and Cooper’s Hawk Winery. Both concepts operate under new 10-year leases, and the property is zoned C-4, High-Rise Commercial District. The restaurant brands are available together or separately, providing flexibility for the transaction structure.
Located at 17117 N Laurel Park Dr in Livonia, Michigan, the property has direct access from I-275, which records 163,000 vehicles per day. The development includes five adjacent hotels: Holiday Inn, Home2, Marriott, Courtyard, and Best Western. The surrounding five-mile area includes 207,000 people and has an average household income of $145,632. The Capital Grille is backed by Darden Restaurants, while Cooper’s Hawk has been primarily owned by Ares Management.
Located at 17117 N Laurel Park Dr in Livonia, Michigan, the property has direct access from I-275, which records 163,000 vehicles per day. The development includes five adjacent hotels: Holiday Inn, Home2, Marriott, Courtyard, and Best Western. The surrounding five-mile area includes 207,000 people and has an average household income of $145,632. The Capital Grille is backed by Darden Restaurants, while Cooper’s Hawk has been primarily owned by Ares Management.
Key Highlights
- 9,079‑square‑foot restaurant property completed in 2026
- The Capital Grille and Cooper’s Hawk Winery operate under new 10‑year leases
- Direct access from I‑275 with 163,000 VPD
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
233k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Apparel 24%
Shops & Services 15%
Groceries 14%
Von Maur
Apparel
35,999 visits/mo
0.2 miles
Busch's Fresh Food Market
Groceries
32,302 visits/mo
0.4 miles
Panera Bread
Dining
20,739 visits/mo
0.1 miles
Dunham's Sports
Apparel
20,312 visits/mo
0.3 miles
Buffalo Wild Wings
Dining
16,653 visits/mo
0.1 miles
Demographics for 48152, MI
31,098
Population
12,922
Households
2.4
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,592
Density / Sq Mi
$89,019
Median Household Income
$50,614
Median Earnings
$1,293
Median Rent
$284,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two upscale restaurant concepts occupy a commercial property with direct I-275 access and five adjacent hotels.
Where is this conventional restaurant located?
The property is located at 17117 N Laurel Park Dr Livonia, MI.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 9,079‑square‑foot restaurant property completed in 2026; The Capital Grille and Cooper’s Hawk Winery operate under new 10‑year leases; Direct access from I‑275 with 163,000 VPD
