Carrabba's Italian Grill For
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
Similar For Sale Nearby
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.