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Carrabba's Italian Grill For Sale

1900 N Haggerty Rd Canton, MI 48187

1900 N Haggerty Rd, Canton, MI, 48187
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For Sale
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6,511 SF restaurant on 1.98 acres in Canton, MI.

Property Size6,511 SF
Lot Size1.98 Acres
Price / SF$536.51
Days on Market118

Property Features for 1900 N Haggerty Rd

General Information

Standard status
Active
Size
6,511 SF
Lot size
1.98 Acres
Property subtype
Retail

Building Details

Year Built
2002
Listing agency CBRE - Atlanta
Listed by Chris Bosworth · License #GA 248342
Source Crexi
Added: Mar 26 Updated: Jul 10 at 3:45PM Checked: Jul 21 at 6:46AM

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 CBRE - Atlanta


Investment Insights

Based on property information with market context.

The property is a 6,511-square-foot Carrabba’s Italian Grill situated on 1.98 acres in Canton, Michigan, which is a component of the Detroit-Warren-Dearborn, MI MSA. The restaurant has approximately 16.2 years of primary lease term remaining, along with four 5-year renewal options. The lease is absolute NNN, and includes a corporate guaranty from Bloomin’ Brands, Inc. The lease agreement specifies that each year, the rent will increase by the lesser of (i) 1.75% or (ii) 1.7 times the CPI increase. The store has a long operating history with strong sales, and since 2019, sales have increased 18%.

Key Highlights

  • Absolute NNN lease requiring minimal landlord responsibilities.
  • Corporate guaranty from Bloomin’ Brands, Inc.
  • ±6.2 years of primary lease term remaining with four 5‑year renewal options.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Carrabba's Italian Grill Restaurant

Suggested Use

Law Firm HVAC Service Auto Repair Shop Electrical Service Parking Lot & Garage Kitchen & Bath Showroom Building Supply Barber Shop Accounting Firm Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - 6,511 SF restaurant on 1.98 acres in Canton, MI.
Where is this conventional restaurant located?
The property is located at 1900 N Haggerty Rd Canton, MI.
What is the asking price?
The asking price for this property is $3,493,200.
What are key features of this property?
This property features: Absolute NNN lease requiring minimal landlord responsibilities.; Corporate guaranty from Bloomin’ Brands, Inc.; **±6.2 years of primary lease term remaining** with four 5‑year renewal options.
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