30750 Little Mack Ave, Roseville, MI

This single-tenant Cracker Barrel property is located in Roseville, Michigan. The property features a 20-year absolute NNN lease executed in 2020, with 15 years remaining and five 5-year renewal options. The lease includes 1% annual escalations. Cracker Barrel has been operating since 1969 and maintains over 660 U.S. locations. In fiscal year 2024, the company generated $3.47 billion in revenue. The property is located in Roseville, a suburban city in Macomb County, 14 miles northeast of Detroit, within the Detroit-Warren-Dearborn MSA. Roseville is Michigan's first Redevelopment Ready Certified Community. The property is strategically located at the intersection of I-94 and I-696, offering connectivity and featuring the historic Gratiot Avenue commercial corridor with hundreds of retailers including Macomb Mall, collectively attracting 6 million annual visits. The area maintains a stable population of approximately 47,600 residents with an average household income of $89,584 within a 1-mile radius. The property benefits from proximity to Detroit Metropolitan Airport, Port of Detroit, and extensive transportation infrastructure. The building size is 10455 square feet. This offering presents an opportunity to acquire a high-performing retail asset with strong annual sales and healthy rent-to-sales ratio, occupied by a leading restaurant chain with zero landlord obligations in a dynamic, well-connected market.